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Trade Idea Update: GBP/USD - Hold long entered at 1.5120

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 11, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Cable's retreat after yesterday's marginal rise to 1.5202 suggests consolidation below this level would be seen but as long as support at 1.5111 (yesterday's low) holds, bullishness remains for another rise and above said resistance at 1.5202 would extend the upmove from 1.4895 low for a stronger retracement of recent[​IMG]

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