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Trade Idea Update: GBP/USD - Sell at 1.4570

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 4, 2016.

  1. Lily

    Lily Forum Member

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    As cable has remained under pressure after dropping sharply from 1.4770 (yesterday's high), suggesting top has been formed there and consolidation with downside bias is seen for retracement of recent upmove to 1.4460, below there would add credence to this view, then further fall to 1.4430 (50% Fibonacci retracement of[​IMG]

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