Trade Idea: GBP/USD - Buy at 1.3105

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 13, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the British pound edged higher to 1.3338, as cable has retreated after faltering below indicated resistance at 1.3342-50, suggesting consolidation below this level would be seen and test of the Kijun-Sen (now at 1.3201) cannot be ruled out, however, downside should be limited to 1.3150 and renewed buying interest[​IMG]

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