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Trade Idea Wrap-up: GBP/USD - Sell at 1.3260

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 13, 2016.

  1. Lily

    Lily Forum Member

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    Cable's selloff after meeting renewed selling interest at 1.3347 adds credence to our view that the decline from 1.3445 (last week's high) is still in progress and may extend fall to 1.3155 (50% Fibonacci retracement of 1.2866-1.3445), then towards 1.3136 (100% projection of 1.3445-1.3235 measuring from 1.3347), however,[​IMG]

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