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Trade Idea Update: GBP/USD - Buy at 1.4325

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 21, 2016.

  1. Lily

    Lily Forum Member

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    Cable found renewed buying interest at 1.4299 and has surged again, reviving our bullish view for the rise from 1.4005 low to extend further gain to 1.4440-45 (50% projection of 1.4131-1.4419 measuring from 1.4299), then towards resistance at 1.4459, however, reckon 1.4475-80 (61.8% projection) would hold on first testing.[​IMG]

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