Trade Idea: GBP/USD - Exit Short Entered At 1.6265

[Forex-Outlook]

Although cable has retreated after rebounding strongly from 1.6077 to 1.6269 (we entered short at 1.6265), current price action suggests as long as 1.6168-77 (current levels of the Tenkan-Sen and Ichimoku cloud bottom) holds, upside risk remains for the aforesaid rebound to extend gain towards 1.6285, however, reckon price would...

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