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Trade Idea Wrap-up: GBP/USD - Hold long entered at 1.4485

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 12, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Failure to extend intra-day rebound and current retreat dampened our near term bullishness and downside risk is seen for weakness to 1.4430-35 but break there is needed to suggest correction from 1.4375 has ended at 1.4531, bring test of 1.4406 support, below there would signal decline from 1.4770 has resumed[​IMG]

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