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Trade Idea Wrap-up: GBP/USD - Buy at 1.4050

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 3, 2016.

  1. Lily

    Lily Forum Member

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    Cable has surged again after intra-day brief retreat to 1.4033, adding credence to our bullish view that the rise from 1.3836 low is still in progress, hence upside bias remains for this move to extend gain to 1.4190-00 (61.8% Fibonacci retracement of 1.4408-1.3836), however, loss of near term upward momentum[​IMG]

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