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Trade Idea: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 19, 2016.

  1. Lily

    Lily Forum Member

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    Although cable extended yesterday's anticipated rally to as high as 1.4339, as price has retreated after faltering below previous resistance at 1.4348, suggesting pullback to 1.4170 is likely, however, break of the Kijun-Sen (now at 1.4237) is needed to signal top has been formed and prolong choppy trading within early[​IMG]

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