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Trade Idea Update: GBP/USD - Sell at 1.5005

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 18, 2015.

  1. Lily

    Lily Forum Member

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    As the British pound has recovered after resuming recent decline to 1.4865 yesterday, suggesting consolidation above this level would be seen and corrective bounce to the lower Kumo (now at 1.4987) cannot be ruled out, however, reckon resistance at 1.5009 should limit upside and bring another decline later. A break[​IMG]

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