Trade Idea Wrap-up: GBP/USD - Target met and stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 25, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable has surged in line with our bullish expectations (our long position entered at 1.4617 met target at 1.4715), adding credence to our view that recent rise from 1.4332 has resumed and mild upside bias remains for gain to 1.4735-40, however, near term overbought condition should limit upside and[​IMG]

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