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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 11, 2016.

  1. Lily

    Lily Forum Member

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    Despite intra-day initial anticipated fall to 1.2850, lack of follow through selling and current rebound suggest cable is not ready to resume yet and further choppy trading is in store, however, reckon upside would be limited to 1.3020 and resistance at 1.3047 should hold from here, bring retreat later.[​IMG]

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