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Trade Idea : GBP/USD - Sell at 1.3050

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 20, 2016.

  1. Lily

    Lily Forum Member

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    As cable has remained under pressure, suggesting recent decline from 1.3445 is still in progress, below support at 1.2996 would extend further weakness to 1.2979 (previous support) and possibly 1.2950-55, however, reckon downside would be limited to 1.2900 (1.236 times projection of 1.3445-1.3138 measuring from 1.3279) and[​IMG]

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