Wednesday, October 29, 2014

Trade Idea Update: GBP/USD - Hold long entered at 1.6130

Although cable retreated after surging to 1.6183 (just faltered below previous resistance at 1.6184), reckon downside would be limited to 1.6100 and bring another rise later, above said resistance at 1.6183-84 would signal early rise from 1.5875 low has resumed and extend further gain for retracement of recent selloff to



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