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Trade Idea Update: GBP/USD - Exit short entered at 1.4995

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 3, 2015.

  1. Lily

    Lily Forum Member

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    Cable has rebounded after holding above yesterday's low at 1.4895 in part due to the intra-day rally in euro, suggesting a temporary low has possibly been formed there, hence consolidation with mild upside bias is seen for correction to 1.5040-50, however, break of 1.5080-85 is needed to add credence to[​IMG]

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