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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 14, 2015.

  1. Lily

    Lily Forum Member

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    Current sharp retreat together with the intra-day breach of indicated support at 1.5111-25 add credence to our view that top has possibly been formed at 1.5240 on Friday and consolidation with downside bias remains for a retracement of recent rise from 1.4895 and weakness to 1.5065-70 (50% Fibonacci retracement of[​IMG]

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