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Trade Idea Update: GBP/USD - Buy again at 1.4535

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 19, 2016.

  1. Lily

    Lily Forum Member

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    As cable has retreated after intra-day rise to 1.4664, suggesting consolidation below this level would be seen and pullback to support at 1.4562 is likely, however, still reckon previous resistance at 1.4525-31 would turn into support and contain downside, bring another rise later, above said resistance at 1.4664 would extend[​IMG]

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