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GBPUSD Targets Further Bullish Corrective Recovery

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 1, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    GBPUSD: Having triggered a higher close on Monday, GBPUSD targets further bullish corrective recovery in the days ahead. lost downside momentum to close higher on a rejection candle on Monday, further price recovery is envisaged. Support lies at the 1.5000 level where a break will turn attention to the 1.4950 level. Further down, support lies at the 1.4900 level. Below here will set the stage for more weakness towards the 1.4850 level. Conversely, resistance stands at the 1.5100 levels with a

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