Friday, April 10, 2015

Trade Idea Wrap-up: GBP/USD - Sell at 1.4740

As the British pound has also recovered after intra-day selloff to 1.4587, suggesting minor consolidation above this level would be seen and test of the Kijun-Sen (now at 1.4685) cannot be ruled out, however, reckon resistance at 1.4725 would limit upside and 1.4735-40 (50% Fibonacci retracement of 1.4886-1.4587) would attract



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