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Trade Idea Wrap-up: GBP/USD - Hold long entered at 1.4410

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 9, 2016.

  1. Lily

    Lily Forum Member

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    Cable has retreated after intra-day brief bounce to 1.4476, suggesting caution on our long position entered at 1.4410 but as long as said support at 1.4375 holds, consolidation with mild upside bias remains for another rebound, above said resistance would add credence to our view that low is possibly formed,[​IMG]

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