Wednesday, October 29, 2014

Trade Idea Wrap-up: GBP/USD - Hold long entered at 1.6130

As cable has rebounded after intra-day retreat to 1.6103 (just touched the lower Kumo), retaining our bullishness and gain to indicated resistance at 1.6183-84 would be seen, however, break there is needed to signal early rise from 1.5875 low has resumed and extend further gain for retracement of recent selloff



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