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HumbleTraders
Dec 11, 2014 10:23 PM

Cable looks very bullish for now. 

British Pound/U.S. DollarFXCM

Description

After today's session, GBPUSD advanced rapidly and it is only few pips away from the open. This indicated plenty buying in the market. I would expect this pair to advance further and form consolidation pattern.
Long term downtrend must be assumed and short positions would be recommended from higher levels.
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