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Trade Idea : GBP/USD - Sell at 1.3230

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

  1. Lily

    Lily Forum Member

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    Although cable has recovered after finding support at 1.3064 earlier today, suggesting minor consolidation would be seen and corrective bounce to 1.3170-75 and possibly 1.3200-10, however, reckon the lower Kumo (now at 1.3250) would limit upside and bring another decline to 1.3055-60 (61.8% Fibonacci retracement of 1.2795-1.3481), break there would[​IMG]

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