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Trade Idea Update: GBP/USD - Buy at 1.4055

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 15, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although cable has recovered after falling to 1.4091 yesterday and corrective bounce to 1.4220-25 cannot be ruled out, break of 1.4280-85 is needed to signal low is formed, bring a stronger rebound towards resistance at 1.4328, once this level is penetrated, this would signal recent decline has ended. Below said[​IMG]

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