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Trade Idea : GBP/USD - Sell at 1.3230

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 1, 2016.

  1. Lily

    Lily Forum Member

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    As cable has rebounded again after holding above last week's low at 1.3059, retaining our view that further consolidation above this level would be seen and initial upside risk remains for recovery to 1.3195-00 (61.8% Fibonacci retracement of 1.3279-1.3059), however, reckon 1.3230-40 would limit upside and bring another decline later[​IMG]

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