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Trade Idea Update: GBP/USD - Sell at 1.4885

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 29, 2015.

  1. Lily

    Lily Forum Member

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    Current selloff together with the breach of indicated support at 1.4850 signal the rebound from 1.4805 has ended at 1.4945 late last week and retest of this level would be seen, however, break there is needed to signal recent decline has resumed and extend weakness to 1.4780-85, then towards 1.4750[​IMG]

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