Tuesday, February 4, 2014

Trade Idea: GBP/USD - Sell at 1.6370

The British pound has fallen again after brief recovery, adding credence to our bearish view that the decline from 1.6669 top is still in progress and may bring stronger correction of early upmove to 1.6250, then towards previous support at 1.6215, however, loss of near term downward momentum should prevent



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