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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 3, 2016.

  1. Lily

    Lily Forum Member

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    Although the British pound has risen again after finding support around the Kijun-Sen and near term upside risk remains for the erratic rise from 1.4080 low to extend gain to 1.4500-10, loss of upward momentum should prevent sharp move beyond 1.4540-50 and reckon 1.4575-80 would hold from here, risk from[​IMG]

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