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Trade Idea Update: GBP/USD - Hold long entered at 1.5040

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 2, 2015.

  1. Lily

    Lily Forum Member

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    Cable's retreat after yesterday's rebound to 1.5126 suggests consolidation would be seen and marginal weakness from here cannot be ruled out, however, if our view that a temporary low formed at 1.4994 yesterday is correct, downside should be limited to 1.5030 and bring another rebound later, above said resistance would[​IMG]

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