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Trade Idea Update: GBP/USD - Buy at 1.4290

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 19, 2016.

  1. Lily

    Lily Forum Member

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    Cable has surged again and broke above previous resistance at 1.4348, suggesting the erratic rise from 1.4005 low is still in progress and may extend gain to 1.4400, then previous resistance at 1.4426, however, near term overbought condition should limit upside and price should falter below resistance at 1.4459, bring retreat later.[​IMG]

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