Trade Idea : GBP/USD - Buy at 1.2980

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 23, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable has retreated after running into strong resistance at 1.3121 yesterday, suggesting initial downside risk remains for weakness to 1.2980-85, however, if our view that a temporary low formed at 1.2946 is correct, downside, downside should be limited and bring rebound later, above the Kijun-Sen (now at 1.3062) would[​IMG]

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