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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, however, a break of support at 1.4601 is needed to signal top has been formed there, bring retracement of recent rise to 1.4575-80 and then towards[​IMG]

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