Friday, November 29, 2013

Trade Idea Update: GBP/USD - Buy at 1.6265

As the British pound has retreated after rising to 1.6374 earlier today and broke below the Kijun-Sen, suggesting consolidation below this level would be seen and correction to the Ichimoku cloud top (now at 1.6294) cannot be ruled out, however, reckon support at 1.6258 would contain downside and bring another



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