Trade Idea : GBP/USD - Sell at 1.5105

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 16, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Yesterday's selloff below support at 1.5108 adds credence to our view that top has been formed at 1.5240 earlier last Friday, hence consolidation with downside bias remains for at least a strong retracement of the rise from 1.4895 to 1.4990-00, however, reckon key support at 1.4957 would hold form here, bring rebound later.[​IMG]

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