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Trade Idea : GBP/USD - Stand aside

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the British pound tumbled earlier today (some said due to wrong hit), as cable found support just below 1.2000 level and rebounded from this 31-year low back to above 1.2400 level, suggesting consolidation above this level would be seen and recovery to 1.2500 and possibly 1.2540-50 cannot be ruled[​IMG]

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