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Old 03-05-2010, 03:56 PM
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Default Trade Idea: GBP/USD - Sell at 1.5265

Despite intra-day retreat to 1.4993 on dollar�s rebound in reaction to the release of better-than-expected U.S. NFP data, active cross-buying in sterling versus Japanese yen on risk appetite should limit downside and bring another corrective rise. Above yesterday�s high of 1.5136 would bring retracement of recent decline, however, 1.5272 (61.8%...
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