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Trade Idea Update: GBP/USD - Buy at 1.3775

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 29, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although cable has remained under pressure and near term downside risk remains for recent decline to extend weakness to 1.3815-20, loss of downward momentum should prevent sharp fall below 1.3775-80 (50% projection of 1.4408-1.3878 measuring from 1.4043) and bring rebound later. Above 1.3915 would bring test of the Kijun-Sen (now[​IMG]

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