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Trade Idea Wrap-up: GBP/USD - Buy at 1.4405

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 23, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable met renewed selling interest at 1.4549 and has dropped again, suggesting the fall from last week's high of 1.4664 is still in progress and near term downside risk remains for this fall to extend weakness to 1.4438 (61.8% projection of 1.4664-1.4485 measuring from 1.4549), however, as this move[​IMG]

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