Trade Idea Wrap-up: GBP/USD - Buy at 1.5045

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 1, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As cable has retreated after intra-day rebound to 1.5126, suggesting consolidation would be seen, however, if our view that a temporary low formed at 1.4994 yesterday is correct, downside should be limited to 1.5035-40 and bring another rebound later, above said resistance would add credence to this view, bring retracement[​IMG]

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