Wednesday, July 2, 2014

Trade Idea: GBP/USD - Buy at 1.7085

As the British pound has eased after rising to 1.7166 yesterday, minor consolidation would be seen and pullback to the Kijun-Sen (now at 1.7131) is likely, however, downside should be limited to the Ichimoku cloud top (now at 1.7085) and bring another rise later, break of said resistance would extend



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