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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 23, 2016.

  1. Lily

    Lily Forum Member

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    As cable has retreated after rising to 1.4947 (fresh 2016 high), suggesting consolidation below this level would be seen and pullback to 1.4740-50 cannot be ruled out, however, break of support at 1.4730 is needed to signal an intra-day top is formed, bring correction to the upper Kumo (now at 1.4686), then 1.4670[​IMG]

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