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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 2, 2016.

  1. Lily

    Lily Forum Member

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    As cable retreated after Friday's marginal rise to 1.4671, suggesting consolidation below this level would be seen and another corrective fall to 1.4577 support (Friday's low) cannot be ruled out before prospect of another rise. Above said resistance at 1.4671 would extend recent erratic rise from 1.3836 low to 1.4680-85[​IMG]

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