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Trade Idea Wrap-up: GBP/USD - Buy at 1.3880

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 1, 2016.

  1. Lily

    Lily Forum Member

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    As cable has retreated after intra-day rebound to 1.4019 on dollar's strength across the board, suggesting consolidation with initial downside bias would be seen and weakness to 1.3875-80 cannot be ruled out, however, reckon downside would be limited and price should stay above 1.3836 support, bring another rebound later.[​IMG]

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