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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 8, 2016.

  1. Lily

    Lily Forum Member

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    As the British pound has retreated after surging to 1.4284 yesterday, suggesting consolidation below this level would be seen and pullback to the upper Kumo (now at 1.4176) cannot be ruled out, however, reckon the lower Kumo (now at 1.4141) would contain downside and yesterday's low at 1.4134 should remain intact[​IMG]

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