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Trade Idea : GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 18, 2016.

  1. Lily

    Lily Forum Member

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    Although the British pound has recovered after holding above previous support at 1.2133 and gain to 1.2280 cannot be ruled out, reckon upside would be limited to 1.2300 and resistance at 1.2325 should hold from here, bring further consolidation. Only break of 1.2325 resistance would signal the fall from 1.2483[​IMG]

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