11/06/2014: I have just SOLD GBP/USD at $1.67860

I see today’s jump following the UK unemployment data as a chance to sell.

The rate is back into the resistance band $1.6780/$1.6800 and I see the outlook remaining corrective near term for a move back towards $.6691 at least.

I have placed my stop at $1.6835 (49 pips) which is just above the reaction high at $1.6830.

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