Monday, March 30, 2015

Trade Idea Update: GBP/USD - Sell at 1.4850

As the British pound has dropped again after meeting renewed selling interest around the lower Kumo, suggesting the fall from last week's high of 1.4994 is still in progress and may extend weakness to 1.4750, then 1.4722 support, however, as broad outlook remains consolidative, reckon downside would be limited to



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