Thursday, June 26, 2014

Trade Idea: GBP/USD - Buy at 1.6900

Despite yesterday's rebound from 1.6952 to 1.7005, a break of resistance at 1.7032 is needed to signal correction from last week's high of 1.7063 has ended there, bring retest of this level, above there would confirm recent upmove has resumed and extend gain to 1.7090-95 (61.8% projection of 1.6738-1.7011 measuring



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