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Trade Idea: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 27, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Despite yesterday's brief rise to 1.4740, lack of follow through buying and the subsequent retreat suggest consolidation below this level would be seen and pullback to 1.4630-35 cannot be ruled out, however, break of support at 1.4601 is needed to signal top has been formed there, bring retracement of recent[​IMG]

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