Friday, January 30, 2015

Trade Idea: GBP/USD - Stand aside

Although cable recovered from 1.5018, yesterday's selloff suggests early rebound from 1.4951 has possibly ended at 1.5223 earlier this week and downside risk remains for weakness towards 1.4999-00, however, break there is needed to add credence to this view, bring further fall to 1.4975-80, then retest of said



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