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Trade Idea Wrap-up: GBP/USD - Hold long entered at 1.2945

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 16, 2016.

  1. Lily

    Lily Forum Member

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    As cable has staged a strong rebound on back of the rally in euro, suggesting a temporary low has been formed at 1.2866 yesterday and consolidation with upside bias is seen for retracement of recent decline, then gain to 1.3020 (50% Fibonacci retracement of 1.3175-1.2866) and 1.3035 resistance would be[​IMG]

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