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Trade Idea : GBP/USD - Sell at 1.5380

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 28, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    The British pound resumed the decline from 1.5510 top yesterday after meeting renewed selling interest at 1.5382, adding credence to our bearish view that the aforesaid fall is still in progress, hence bearishness remains for further weakness to 1.5280 (50% projection of 1.5510-1.5305 measuring from 1.5382), then 1.5260-65 (61.8% Fibonacci[​IMG]

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