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Trade Idea Wrap-up: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 26, 2016.

  1. Lily

    Lily Forum Member

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    Despite intra-day brief rise to 1.4740, lack of follow through buying and the subsequent retreat suggest consolidation would be seen and pullback to previous resistance at 1.4642 cannot be ruled out, however, break of support at 1.4601 is needed to signal top has been formed there, bring retracement of recent[​IMG]

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