Friday, May 30, 2014

Trade Idea Wrap-up: GBP/USD - Stand aside

As the British pound has rebounded again after finding support around the Kijun-Sen, suggesting further consolidation above this week's low of 1.6693 would be seen and recovery to 1.6788-90 (50% Fibonacci retracement of 1.6882-1.6693) cannot be ruled out, however, reckon upside would be limited to 1.6810-15 (61.8% Fibonacci retracement and



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