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Trade Idea Update: GBP/USD - Buy at 1.3105

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

  1. Lily

    Lily Forum Member

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    Although the British pound edged higher to 1.3338, as cable has retreated after faltering below indicated resistance at 1.3342-50, suggesting consolidation below this level would be seen and test of 1.3200 cannot be ruled out, however, downside should be limited to 1.3150 and renewed buying interest should emerge around 1.3100-05,[​IMG]

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