Thursday, April 16, 2015

Trade Idea: GBP/USD - Target met and turn short at 1.4855

Although the British pound did rally yesterday and our long position entered at 1.4725 met indicated upside target at 1.4825 (with 100 points profit), the subsequent retreat from 1.4880 suggests top has possibly been formed there and consolidation with mild downside bias is seen for test of the



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