Wednesday, October 2, 2013

Trade Idea: GBP/USD - Buy at 1.6150

Although cable has rebounded after intra-day initial brief fall to 1.6162 (just missed our long entry at 1.6160) and test of the Kijun-Sen (now at 1.6212) cannot be ruled out, however, above 1.6245-50 is needed to signal recent upmove has resumed for retest of 1.6260, break there would extend recent



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