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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 19, 2015.

  1. Lily

    Lily Forum Member

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    The British pound found renewed buying interest at 1.5201 and rallied since, cable surged to as high as 1.5509 after breaking previous resistance at 1.5388, suggesting recent upmove is still in progress and break of said resistance at 1.5509 would extend recent upmove to 1.5545-50 (1.236 times projection of 1.5107-1.5388 measuring from 1.5201)[​IMG]

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