Trade Idea Update: GBP/USD - Buy at 1.4485

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable has rebounded again after holding above 1.4400 level, adding credence to our view that a temporary low has been formed at 1.4375 and consolidation with mild upside bias remains for test of resistance at 1.4545 but break there is needed to retain bullishness, bring retracement of recent decline[​IMG]

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