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Trade Idea : GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 13, 2016.

  1. Lily

    Lily Forum Member

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    Despite yesterday's brief fall to 1.3235, the subsequent strong rebound on cross-buying in sterling suggests low has possibly been formed there and consolidation with upside bias is seen, above 1.3347 would extend gain to resistance at 1.3376 but a firm break above latter level is needed to signal the pullback[​IMG]

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