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Trade Idea: GBP/USD - Sell at 1.4145

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 24, 2016.

  1. Lily

    Lily Forum Member

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    Yesterday's breach of 1.4057 support together with the subsequent selloff confirm recent decline has resumed and bearishness remains for further fall to 1.3950 (61.8% projection of 1.4408-1.4057 measuring from 1.4168) and then 1.3920-25, however, near term oversold condition should prevent sharp fall below[​IMG]

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