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Trade Idea: GBP/USD - Buy at 1.4405

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 24, 2016.

  1. Lily

    Lily Forum Member

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    Although cable has rebounded after falling to 1.4442 and recovery to the lower Kumo (now at 1.4528) cannot be ruled out, near term downside risk remains for the fall from 1.4664 to bring another decline, below said support at 1.4442 would extend weakness towards previous support at 1.4403 where renewed[​IMG]

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