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Why I’m buying cable: Coleman

Ian Coleman, of First4Trading, illustrates in a technical analysis of charts why he is trading GBPUSD.


He plans to buy GBPUSD at 1.2422, a bespoke support level. He has an Intraday target of 1.2645 and medium-term targets around 1.37–1.3740. His stop is 1.2360.

Coleman features technical analysis of a selected trade every Tuesday on Trading Floor.

03:42 minutes
Tags: cable, gbpusd, ian coleman first 4 trading, saxo bank, saxotrader, saxotradergo, tradingfloor.com

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