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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 20, 2015.

  1. Lily

    Lily Forum Member

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    Although the British pound has rebounded again after finding support at 1.5427 yesterday, break of resistance at 1.5509 (last week's high) is needed to signal recent upmove is still in progress and extend rise to 1.5545-50 (1.236 times projection of 1.5107-1.5388 measuring from 1.5201), however, loss of upward momentum should[​IMG]

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