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Trade Idea Update: GBP/USD - Sell at 1.5200

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 15, 2015.

  1. Lily

    Lily Forum Member

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    Although cable has rebounded after falling to 1.5108 yesterday and consolidation with initial upside bias is seen, if our view that top has been formed at 1.5240 is correct, upside should be limited to 1.5200-05 and bring another retreat later, below said support at 1.5108 would add credence to this[​IMG]

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