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| | |-+  Trade Idea Wrap-up: GBP/USD ? Buy at 1.5965
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Author Topic: Trade Idea Wrap-up: GBP/USD ? Buy at 1.5965  (Read 681 times)
pranjali
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« on: March 11, 2011, 05:04:53 pm »

Trade Idea Wrap-up: GBP/USD ? Buy at 1.5965

<p>Although the British pound has rebounded in tandem with euro from intra-day low of 1.5977, above 1.6080 is needed to signal low has been formed and bring retracement of recent decline to 1.6116-25 (38.2% Fibonacci retracement of 1.6342 to 1.5977 and previous support), however, reckon the Ichimoku cloud area (now<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/DypzFRp9Qvw" height="1" width="1"/>

Source: Trade Idea Wrap-up: GBP/USD ? Buy at 1.5965
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