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Trade Idea Wrap-up: GBP/USD - Sell at 1.5220

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 11, 2015.

  1. Lily

    Lily Forum Member

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    As cable has continued to edge higher, suggesting near term upside risk remains for the erratic rise from 1.5027 (last week's low) to bring retracement of recent decline and gain towards 1.5220 minor resistance cannot be ruled out, however, reckon upside would be limited to 1.5235-40 (50% Fibonacci retracement of[​IMG]

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