Thursday, May 29, 2014

Trade Idea Wrap-up: GBP/USD - Sell at 1.6785

Cable's recovery after intra-day marginal fall to 1.6693 suggests minor consolidation would be seen and corrective bounce to the lower Kumo (now at 1.6766) cannot be ruled out, however, reckon the Ichimoku cloud top (now at 1.6797) would limit upside and bring another decline later. A break of said support



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