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Old 03-01-2010, 08:53 PM
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Default Trade Idea: GBP/USD - Sell at 1.5050

The British pound tumbled on massive risk aversion to as low as 1.4781 before recovering on bargain hunting and although this rebound from 1.4781 suggests minor consolidation would take place and retracement to 1.5000 cannot be ruled out, renewed selling interest should emerge around the Tenkan-Sen (now at 1.5052) and...
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