Tuesday, October 28, 2014

Trade Idea Wrap-up: GBP/USD - Buy at 1.6130

Cable found renewed buying interest at 1.6088 earlier today and has rallied, adding credence to our bullishness for another test of 1.6184, break there would signal early rise from 1.5875 low has resumed and extend further gain for retracement of recent selloff to 1.6200-10, then towards 1.6250-60 but near term



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