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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 2, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the British pound has risen again after finding renewed buying interest at 1.3253 and near term upside risk remains for recent erratic rise from 1.2866 to extend gain to 1.3372 resistance, loss of upward momentum should prevent sharp move beyond 1.3400-10 and reckon 1.3440-50 would hold[​IMG]

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