GBPUSD Headed Towards 1.445

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 1, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    Cable is preparing to take out that 1.4413 high from last week which was only a temporary top it seems as pair made a flat in wave B). Cable is a very tricky pair that likes to "fade", so a spike beneath 1.4172 was just another tricky reaction on that pair that I assumed it may happen already on Friday. Anyhow, price is now ticking higher, breaking above 1.4350 at the moment which suggest we are in wave C) headed up to 1.4460-1.4540 where pair can see limited upside this week. GBPUSD, 1H

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