Tuesday, April 29, 2014

Trade Idea: GBP/USD - Stand aside

Although the British pound retreated sharply from yesterday's high of 1.6858 to 1.6801, as cable has rebounded again after holding above the lower Kumo, test of said resistance cannot be ruled out, however, a sustained breach above there is needed to revive bullishness and extend recent upmove to 1.6880, then



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