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Trade Idea: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 29, 2016.

  1. Lily

    Lily Forum Member

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    As the British pound has retreated after rising to 1.4283 yesterday, suggesting minor consolidation would be seen and pullback to 1.4180-85 cannot be ruled out, however, reckon downside would be limited to 1.4155-60 and the Ichimoku cloud bottom (now at 1.4120) should hold, bring rebound later. Only below 1.4109 support[​IMG]

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