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Trade Idea Update: GBP/USD - Buy at 1.4165

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 18, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although cable retreated after Friday's anticipated rise to 1.4242, as sterling has rebounded again after holding above indicated support at 1.4133, suggesting further consolidation would be seen and mild upside bias remains for another rebound to 1.4242 (Friday's high), then towards 1.4260-65, however, as broad outlook remains consolidative, reckon upside[​IMG]

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