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Trade Idea : GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 10, 2016.

  1. Lily

    Lily Forum Member

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    As the British pound has remained confined within near term established range, retaining our view that further sideways trading would be seen and recovery to 1.2445-50 cannot be ruled out, however, upside would be limited to 1.2475-80 and price should falter below 1.2500. Only above 1.2500 would extend the rebound[​IMG]

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