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Trade Idea: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 12, 2016.

  1. Lily

    Lily Forum Member

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    Despite yesterday's fall to 1.4383, as the British pound has rebounded after holding above indicated support at 1.4378, retaining our view that further consolidation would take place and gain to 1.4550 cannot be ruled out, however, break of resistance at 1.4579 is needed to revive bullishness and signal the pullback[​IMG]

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