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Trade Idea Update: GBP/USD - Buy at 1.4490

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 26, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable has maintained a firm undertone after yesterday's breach of previous resistance at 1.4515, adding credence to our view that early erratic rise from 1.3836 low has resumed and bullishness remains for further gain to 1.4645-50 (1.618 times extension of 1.4005-1.4348 measuring from 1.4090), however, overbought condition should limit upside to 1.4663-65[​IMG]

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