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Cable drops to session low in quick move down

Discussion in 'Technical Analysis' started by ForexLive, Oct 9, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    GBP/USD down 35 pips to 1.5312 The US dollar is trying to get some traction after a slide yesterday. It's having some success against cable. GBP/USD quickly fell to 1.5312 from 1.5345 in the past few minutes. There are no headlines behind the sudden selling and the pair easily broke below the earlier low of 1.5321.

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