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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 22, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The British pound has surged again after brief pullback and near term upside risk remains for the strong rebound from 1.4080 low to bring test of 1.4340-43 (previous resistance and 50% Fibonacci retracement of 1.4605-1.4080), break there would bring a stronger correction of recent decline to previous support at 1.4360[​IMG]

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