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Trade Idea Wrap-up: GBP/USD - Buy at 1.4365

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As cable has maintained a firm undertone after yesterday's rally above 1.4488 resistance, suggesting recent upmove from 1.3836 low is still in progress and may extend further gain to 1.4515-20 (1.236 times projection of 1.4053-1.4292 measuring from 1.4221), however, near term overbought condition should prevent sharp move beyond 1.4550-60[​IMG]

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