Monday, January 27, 2014

Trade Idea Update: GBP/USD - Stand aside

As the British pound has rebounded after holding above support at 1.6474, suggesting first leg of decline from last week's high of 1.6669 has ended and consolidation with mild upside bias would be seen for further recovery to 1.6580, however, reckon upside would be limited to 1.6600 and the Ichimoku



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