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GBP/USD, Weekly Forecast, 19 - 23 October

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 18, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Main scenario: The pair is trading along an downtrend with target on 1.5345 and 1.5170, that may be expected to continue in case the market drops below support level 1.5500. Alternative scenario: An uptrend will start as soon, as the pair rises above resistance level 1.5500, which will be followed by moving up to resistance level 1.5625.

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