Trade Idea Wrap-up: GBP/USD - Buy at 1.4420

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 17, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable has retreated after faltering below resistance at 1.4531, suggesting consolidation below this level would be seen, however, if our view that low has been formed at 1.4332 is correct, downside should be limited to 1.4415-20 and bring another rebound, above 1.4495-00 would bring test of said resistance at[​IMG]

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