Tuesday, February 11, 2014

Trade Idea: GBP/USD - Buy at 1.6350

As cable has retreated again after intra-day initial brief rise to 1.6434, suggesting minor consolidation would be seen and pullback to support at 1.6383 cannot be ruled out, however, reckon the lower Kumo (now at 1.6346) would limit downside and bring another rise later. A break of said resistance would



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