11-26-2009, 12:08 PM
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Senior Member
Join Date: Oct 2009
Posts: 8,515
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Trade Idea: GBP/USD - Sell at 1.6650
Cable’s selloff after yesterday’s rise to 1.6747 has reinforced our early consolidative view and although sterling has recovered after intra-day fall to 1.6500, upside should be limited to the Tenkan-Sen (now at 1.6623) and the Ichimoku cloud area (now at 1.6648-82) should remain intact, bring another decline later. Below indicated...
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