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Trade Idea Update: GBP/USD - Target met and stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 18, 2016.

  1. Lily

    Lily Forum Member

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    Current anticipated rebound on cross-buying in sterling adds credence to our view that temporary low has been formed at 1.4235 yesterday and mild upside bias remains for retracement of recent fall, hence gain to 1.4400-05 cannot be ruled out, however, reckon upside would be limited to 1.4425-30 and price should[​IMG]

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