Trade Idea Update: GBP/USD - Buy at 1.4550

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 24, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Current strong rebound on active cross-buying in sterling suggests the fall from 1.4664 (last week's high) has ended at 1.4442 and mild upside bias is seen for further gain to 1.4635, then retest of said resistance, however, break there is needed to retain bullishness and extend the rise from 1.4332[​IMG]

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