Monday, April 20, 2015

Trade Idea Update: 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 previous resistance at 1.4880 cannot be ruled out, however, reckon 1.4850-55 would limit downside and price should hold above support at 1.4812, bring another rise later, above

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