Monday, March 31, 2014

Trade Idea: GBP/USD - Buy at 1.6560

Despite intra-day initial brief rise to 1.6659, lack of follow through buying suggests consolidation would be seen and pullback to 1.6595-00 and possibly the lower Kumo (now at 1.6579) cannot be ruled, however, support at 1.6555 should contain downside and bring another rally. Above said resistance would extend last week's



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