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Trade Idea Wrap-up: GBP/USD - Buy at 1.3970

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

  1. Lily

    Lily Forum Member

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    Cable has surged today and broke above indicated previous resistance at 1.4043, reinforcing our near term bullishness for the rebound from 1.3836 low to bring retracement recent decline, hence further gain to 1.4090-00 would be seen, however, near term overbought condition should limit upside to[​IMG]

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