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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 30, 2016.

  1. Lily

    Lily Forum Member

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    Although cable retreated after rising to 1.3534 yesterday, as 1.3363 has contained downside and sterling has rebounded again, suggesting further consolidation would be seen and recovery to 1.3500 cannot be ruled out, however, break of said resistance at 1.3534 is needed to extend the corrective rise from 1.3120 low to[​IMG]

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