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Old 03-04-2010, 04:20 PM
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Default Trade Idea: GBP/USD - Sell at 1.5265

Despite intra-day retreat to 1.5024, as cable has risen again from there partly due to cross-trading, suggesting near term upside bias is for the rebound from 1.4781 temporary low to bring retracement of recent decline to 1.5260/70, however, reckon 1.5299 (50% Fibonacci retracement of 1.5816 to 1.4781) and bring retreat...
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