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Trade Idea : GBP/USD - Sell at 1.3090 or buy at 1.2900

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 21, 2016.

  1. Lily

    Lily Forum Member

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    As cable has remained under pressure and downside risk remains for the decline from 1.3445 to extend further weakness to 1.2940-45 (1.618 times projection of 1.3347-1.3138 measuring from 1.3279 and 50% projection of 1.3279-1.2996 measuring from 1.3091), however, loss of momentum would limit downside and[​IMG]

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