Trade Idea Wrap-up: GBP/USD ? Buy at 1.5965<p>Although the British pound has rebounded in tandem with euro from intra-day low of 1.5977, above 1.6080 is needed to signal low has been formed and bring retracement of recent decline to 1.6116-25 (38.2% Fibonacci retracement of 1.6342 to 1.5977 and previous support), however, reckon the Ichimoku cloud area (now<img src="
http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/DypzFRp9Qvw" height="1" width="1"/>
Source:
Trade Idea Wrap-up: GBP/USD ? Buy at 1.5965
Forex Forum
Author