Trade Idea Update: GBP/USD - Buy at 1.4370

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 17, 2016.

  1. Lily

    Lily Forum Member

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    Cable caught up with euro and broke above last week's high at 1.4437, signaling recent upmove from 1.3836 low has resumed and may extend further gain to 1.4500 and then 1.4515-20 (1.236 times projection of 1.4053-1.4292 measuring from 1.4221), however, near term overbought condition should prevent sharp move beyond[​IMG]

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