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Trade Idea Update: GBP/USD - Buy at 1.3090

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 28, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although cable has retreated after meeting resistance at 1.3248 and initial downside risk is seen for weakness to 1.3120-25, if our view that a temporary low formed at 1.3058 earlier this week is correct, downside should be limited to 1.3090-00 and bring another rebound later, above 1.3215-20 would bring another[​IMG]

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