Action Insight-Forex Analysis – Trade Idea: GBP/USD – Sell at 1.6060

Despite intra-day selloff to 1.5850, as cable has recovered after holding above support at 1.5832, suggesting consolidation would be seen and whilst retracement to the Tenkan-Sen (now at 1.6016) and possibly the Kijun-Sen (now at 1.6063), however, renewed selling interest should emerge below resistance at 1.6077 (previous support turned resistance)…
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