Wednesday, May 28, 2014

Trade Idea Update: GBP/USD - Sell at 1.6820

As the British pound has fallen again after brief recovery, adding credence to our bearish view that the rebound from 1.6732 has ended at 1.6921 and consolidation with downside bias remains for weakness to said support at 1.6732, however, break there is needed to signal early decline from 1.6996 top



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