Friday, August 1, 2014

Trade Idea Wrap-up: GBP/USD - Sell at 1.6950

As the British pound recovered after intra-day fall to 1.6812, suggesting minor consolidation would be seen and recovery to 1.6885-90 cannot be ruled out, however, reckon minor resistance at 1.6955 would limit upside and bring another decline later, below said support would signal recent decline from 1.7192 top is still



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