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GBPUSD - We look to Buy a break of 1.4170

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 6, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    GBPUSD - We look to Buy a break of 1.4170 (stop at 1.4135) GBPUSD - Trades at the lowest level in 6 days. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. Trading inside a Bullish Ascending Wedge. The formation has a measured move target of 1.4220. Further upside is expected and we look to set longs in early trade. Our profit targets will be 1.4220 and 1.4275.

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