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Trade Idea Wrap-up: GBP/USD - Buy at 1.5000

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 4, 2015.

  1. Lily

    Lily Forum Member

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    Yesterday's rally above previous resistance at 1.5126-36 signals a temporary low has been formed at 1.4895 earlier this week and consolidation with upside bias is seen for retracement of recent entire decline and gain to 1.5165-70 (61.8% Fibonacci retracement of 1.5336-1.4895) and possibly towards previous resistance at 1.5190 would be[​IMG]

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