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Trade Idea Update: GBP/USD - Buy at 1.5250 or sell at 1.5400

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 8, 2015.

  1. Lily

    Lily Forum Member

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    Although cable has risen again after finding renewed buying interest at 1.5298 and bullishness remains for the rebound from 1.5107 low to extend further gain to 1.5290-00 (61.8% Fibonacci retracement of 1.5568-1.5107 and 50% projection of 1.5137-1.5340 measuring from 1.5298) cannot be ruled out, loss of upward momentum should prevent[​IMG]

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