Friday, 17 June 2016

Trade Idea Wrap-up: GBP/USD - Sell at 1.4415

As cable has maintained a firm undertone after staging a strong rebound from yesterday's low of 1.4012, suggesting further consolidation above this level would be seen and near term upside risk remains for retracement of recent decline to 1.4335-40 (50% Fibonacci retracement of 1.4662-1.4012), then 1.4370-75, however, reckon 1.4410-15 (61.8% Source

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