Friday, April 17, 2015

Trade Idea: GBP/USD - Stand aside

The British pound has continued to move higher and gain towards indicated level of 1.4994-1.5000 (previous resistance and psychological level) is underway, however, a firm break above there is needed to retain bullishness and extend recent rise to 1.5040-50 and later towards 1.5075-80 but reckon 1.5100 would cap upside, risk



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