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GBP/USD, forecast: Wednesday, 14 December, 2015

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Main scenario: The pair is trading along an downtrend with target on 1.5030 and if it keeps on moving down below that level, we may expect the pair to reach support level 1.4800. Alternative scenario: An uptrend will start as soon, as the pair rises above resistance level 1.5235, which will be followed by moving up to resistance level 1.5440.

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