GBP/USD, forecast from: 12 October, 2015

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 12, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    Main scenario: The pair is trading along an uptrend with target on 1.5440, and if it keeps on moving up above that level, we may expect the pair to reach resistance level 1.5285. Alternative scenario: An downtrend will start as soon, as the pair drops below support level 1.5285, which will be followed by moving down to support level 1.5170.

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