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Trade Idea Update: GBP/USD - Sell at 1.4380

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 17, 2016.

  1. Lily

    Lily Forum Member

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    As cable has rebounded after intra-day brief fall to 1.4244 on active cross-unwinding in sterling, suggesting an intra-day low has been formed there and initial upside risk is seen for test of 1.4383 (previous support), however, price should falter below another previous support at 1.4405 and bring another decline.[​IMG]

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