Trade Idea : GBP/USD - Sell at 1.2360

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 11, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As the British pound has fallen again after brief recovery on dollar's broad-based strength, suggesting near term downside risk remains for further weakness to 1.2260-70, however, as outlook is still consolidative, reckon support at 1.2227 would limit downside and 1.2200 should hold from here.[​IMG]

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