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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 27, 2016.

  1. Lily

    Lily Forum Member

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    Despite yesterday's brief rise to 1.4740, lack of follow through buying and the subsequent retreat suggest consolidation below this level would be seen and pullback to 1.4620 cannot be ruled out, however, break of support at 1.4601 is needed to signal top has been formed there, bring retracement of recent[​IMG]

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