Trade Idea Wrap-up: GBP/USD - Buy at 1.5120

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 9, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable's rise from 1.4957 has accelerated and broke above previous resistance at 1.5159, reviving our bullishness and signaling another leg of upmove from 1.4895 low is underway, bring a stronger retracement of recent decline to 1.5200, then 1.5220-25 (100% projection of 1.4895-1.5159 measuring from 1.4957) but reckon 1.5260-65 would hold from here.[​IMG]

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