Monday, April 20, 2015

Trade Idea: GBP/USD - Stand aside

Cable's retreat after Friday's rise to 1.5053 has retained our view that minor consolidation below this level would be seen and pullback to support at 1.4916 (Friday's low) cannot be ruled out, however, reckon previous resistance at 1.4880 would limit downside and price should hold above the lower Kumo (now

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