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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 2, 2016.

  1. Lily

    Lily Forum Member

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    Although the British pound has risen again after holding above support at 1.4577 (Friday's low) and near term upside risk remains for recent erratic rise from 1.3836 low to extend gain to 1.4700-10, however, loss of upward momentum should prevent sharp move beyond[​IMG]

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