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Trade Idea : GBP/USD - Stand aside

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

  1. Lily

    Lily Forum Member

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    Despite yesterday's anticipated rise to 1.4669, lack of upside follow through buying and the subsequent cross-inspired retreat suggests consolidation below this level would be seen and test of the lower Kumo (now at 1.4488) cannot be ruled out, however, reckon downside would be limited to[​IMG]

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