Monday, September 1, 2014

Trade Idea Wrap-up: GBP/USD - Buy at market level

Although cable has retreated after intra-day rise to 1.6644 and consolidation would be seen, reckon the Ichimoku cloud (now at 1.6591-93) would limit downside and bring another rise later, above said resistance would extend the rebound from 1.6537 (last week's low) for retracement of recent decline to resistance at 1.6679,



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