Trade Idea Wrap-up: GBP/USD - Buy at 1.4305

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 20, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable has maintained a firm undertone after this week's rally, suggesting the rise from 1.4005 is still in progress, above resistance at 1.4419 would extend this move to previous resistance at 1.4426, then towards another resistance at 1.4459 which is likely to hold from here due to near term overbought condition.[​IMG]

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