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Trade Idea Update: GBP/USD - Buy at 1.5020

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 7, 2015.

  1. Lily

    Lily Forum Member

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    Cable's retreat after last week's rally from 1.4895 to 1.5159 suggests consolidation below this level would be seen and pullback to 1.5050 and possibly 1.5027 (50% Fibonacci retracement of 1.4895-1.5159 as well as current level of the lower Kumo) cannot be ruled out, however, as a temporary low has been[​IMG]

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