Trade Idea: GBP/USD - Sell At 1.5040

[Forex-Outlook]

Although cable fell to 1.4873 yesterday, as the British pound recovered after holding above indicated minor support at 1.4855, suggesting further consolidation would take place and retracement to 1.5035-44 (50% Fibonacci retracement of 1.5197 to 1.4873 and current level of the Kijun-Sen and Ichimoku cloud bottom) cannot be ruled out,...

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