Trade Idea Wrap-up: GBP/USD - Buy at 1.4375

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 16, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As cable has rebounded after intra-day marginal fall to 1.4332, suggesting an intra-day low is possibly formed there and consolidation above this level is seen with mild upside bias for test of the upper Kumo (now at 1.4436), then 1.4470-75, however, reckon upside would be limited to 1.4495-00 (38.2% Fibonacci[​IMG]

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