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Trade Idea: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 5, 2016.

  1. Lily

    Lily Forum Member

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    The British pound has recovered after falling to 1.4663 yesterday, suggesting minor consolidation above this level would be seen and recovery to the Kijun-Sen (now at 1.4740) is likely, however, reckon upside would be limited to the upper Kumo (now at 1.4771) and price should falter well below resistance at[​IMG]

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