1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Trade Idea: GBP/USD - Sell at 1.4735

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 7, 2016.

  1. Lily

    Lily Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    7,399
    Likes Received:
    0
    As the British pound has remained under pressure after recent selloff, bearishness remains for recent decline to extend further weakness to 1.4590, however, near term oversold condition should prevent sharp fall below previous chart support at 1.4566 and reckon 1.4545-50 would hold on first testing, risk from there is seen[​IMG]

    Continue reading...
     

Share This Page