Tuesday, March 31, 2015

Trade Idea Update: GBP/USD - Sell at 1.4840

As the British pound has remained under pressure, suggesting the fall from 1.4994 is still in progress and may extend weakness towards 1.4722 support, however, as broad outlook remains consolidative, reckon downside would be limited to 1.4700 and support at 1.4689 should remain intact, bring further choppy trading within 1.4689-1.5010 range.



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