Trade Idea : GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 13, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the British pound has fallen again after yesterday's anticipated decline and near term downside bias remains for weakness to 1.2100-10, loss of downward momentum would prevent sharp fall below this week's low at 1.2089 and reckon 1.2050 would hold from here, risk from there has increased for a corrective[​IMG]

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