Trade Idea Wrap-up: GBP/USD - Buy at 1.4410

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 9, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although cable retreated initially to 1.4378 on cross-selling in sterling, as price has rebounded again after holding above support at 1.4351, suggesting consolidation with upside bias would be seen for gain to 1.4530 but a firm break above resistance at 1.4550 is needed to signal the pullback from 1.4669 top[​IMG]

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