Monday, March 3, 2014

Trade Idea: GBP/USD - Hold long entered at 1.6720

Cable's near term sideways trading is likely to continue and still expect the Ichimoku cloud (now at 1.6681-95) to limit downside, bring another rise later, above last week's high of 1.6769, would extend the rebound from 1.6583 (last week's low) to 1.6795-00 (1.236 times projection 1.6583-1.6727 measuring from 1.6617), however,



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