1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Trade Idea Update: GBP/USD - Buy at 1.4175

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 12, 2016.

  1. Lily

    Lily Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    7,358
    Likes Received:
    0
    Although cable has risen again after finding renewed buying interest at 1.4226 and further gain to 1.4350-55 (76.4% retracement of 1.4459-1.4005) is likely, loss of near term upward momentum should prevent sharp move beyond 1.4375-85 and resistance at 1.4426 should hold, price should falter well below 1.4459, bring retreat later.[​IMG]

    Continue reading...
     

Share This Page