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Trade Idea : GBP/USD - Exit long entered at 1.4305

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 21, 2016.

  1. Lily

    Lily Forum Member

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    As cable has remained under near term pressure after retreating from 1.4419 (this week's high), suggesting near term downside risk remains for correction of recent rise and weakness towards 1.4275 (50% Fibonacci retracement of 1.4131-1.4419 as well as current level of the lower Kumo) cannot be ruled out, however, reckon[​IMG]

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