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Trade Idea Update: GBP/USD - Hold long entered at 1.4325

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 22, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although cable retreated after yesterday's euro-led rise to 1.4440, as sterling found support at 1.4313 and rebounded, retaining our bullishness and as long as this level holds, mild upside bias remains for another rebound to 1.4420-25, then test of said resistance at 1.4440 but break there is needed to confirm[​IMG]

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