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Trade Idea: GBP/USD - Sell at 1.4570

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 5, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As cable has remained under pressure after this week's reversal from 1.4770 top, retaining our view that further consolidation with downside bias would seen for retracement of recent upmove to 1.4460, below there would add credence to this view, then further fall to 1.4430 (50% Fibonacci retracement of 1.4090-1.4770) would[​IMG]

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