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Trade Idea Wrap-up: GBP/USD - Sell at 1.4415

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 17, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable has maintained a firm undertone after staging a strong rebound from yesterday's low of 1.4012, suggesting further consolidation above this level would be seen and near term upside risk remains for retracement of recent decline to 1.4335-40 (50% Fibonacci retracement of 1.4662-1.4012), then 1.4370-75, however, reckon 1.4410-15 (61.8%[​IMG]

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