Trade Idea : GBP/USD – Buy at 1.2710 – Action Forex

Cable has continued trading within near term established range and further sideways trading is in store, whilst another test of Friday’s low at 1.2757 cannot be ruled out, reckon downside should be limited to 1.2700-10 (50% Fibonacci retracement of 1.2515-1.2906) and bring another rally, a break of indicated minor resistance at 1.2859 would signal the pullback from 1.2906 has ended, bring retest of this level, above there would extend recent upmove to

Πηγή: Trade Idea : GBP/USD – Buy at 1.2710 – Action Forex

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Author: sevenepsilonseven

innovative exploitation of capital / ship / PATENT / public opinion former / loans in gold / against the new order things / towards globalization .... and enemy of the idiots

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