Trade Idea Update: GBP/USD ? Stand aside

Trade Idea Update: GBP/USD ? Stand aside

<p>Although cable?s breach of resistance at 1.6185-86 signals the correction from 1.6279 has ended at 1.5963 earlier and further gain to 1.6240/45 is likely, near term overbought condition should limit upside and reckon said resistance at 1.6279 would hold on first testing and risk has increased for a retreat later.</p><img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/_muj93CnAEg" height="1" width="1"/>

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