Monday, July 28, 2014

Trade Idea Wrap-up: GBP/USD - Sell at 1.7050

Although cable's recovery from Friday's low of 1.6961 suggests minor consolidation would be seen and corrective bounce to 1.7000 cannot be ruled out, reckon 1.7050-55 would limit upside and bring another decline later, a break of said support would extend the fall from 1.7192 for retracement of recent upmove to



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