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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 26, 2016.

  1. Lily

    Lily Forum Member

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    As cable has maintained a firm undertone after yesterday's anticipated rally, suggesting recent rise from 1.4332 is still in progress and may extend gain towards 1.4745-50, however, loss of upward momentum should prevent sharp move beyond previous chart resistance at 1.4770 and reckon 1.4800 would hold[​IMG]

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