Trade Idea Update: GBP/USD - Buy at 1.3100

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable has risen again after finding renewed buying interest at 1.3023, adding credence to our bullish view that recent upmove has resumed and upside bias remains for further gain to 1.3220 and later towards 1.3250, however, previous support at 1.3281 should turn into resistance and limit sterling's upside, risk[​IMG]

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