Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 8, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable rebounded again after finding support at 1.4041 today, retaining our view that further consolidation above this week's low at 1.4005 would be seen and another bounce to 1.4140-50 cannot be ruled out, however, only a break of 1.4172-78 (said resistance and 38.2% Fibonacci retracement of 1.4459-1.4005) would confirm[​IMG]

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