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Trade Idea: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 9, 2016.

  1. Lily

    Lily Forum Member

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    Despite intra-day brief fall to 1.4491, lack of follow through selling and current recovery suggest further consolidation within near term range would be seen and recovery to 1.4550-55 and possibly 1.4580-85 cannot be ruled out, however, break of 1.4605-10 is needed to revive bullishness and extend the rebound from 1.4352[​IMG]

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