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Trade Idea Update: GBP/USD - Buy at 1.2945

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 17, 2016.

  1. Lily

    Lily Forum Member

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    Cable did stage the anticipated rebound yesterday, adding credence to our view that a temporary low has been formed at 1.2866, although price has retreated from 1.3071 and pullback to 1.2970-80 cannot be ruled out, reckon 1.2940-45 would limit downside and bring another rebound later, above said resistance at 1.3071[​IMG]

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