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Trade Idea Update: GBP/USD - Buy at 1.4980

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 4, 2015.

  1. Lily

    Lily Forum Member

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    Cable has retreated after rising to 1.5159 yesterday and minor consolidation would be seen and pullback to the Kijun-Sen (now at 1.5040) cannot be ruled out, however, as low has been formed at 1.4895 earlier this week, downside should be limited 1.4980-90 and bring another rally to 1.5165-70 (61.8% Fibonacci[​IMG]

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