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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 5, 2015.

  1. Lily

    Lily Forum Member

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    As the British pound retreated after meeting resistance at 1.5445, retaining our view that further consolidation below this week's high of 1.5498 would be seen and test of support at 1.5360 cannot be ruled out, break there would extend weakness to 1.5340-45 (61.8% Fibonacci retracement of 1.5243-1.5498), however, as broad[​IMG]

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