Trade Idea Update: GBP/USD - Hold short entered at 1.3030

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 29, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Although cable rose briefly to 1.3059, the subsequent retreat suggest an intra-day top is possibly formed there and consolidation with mild downside bias is seen for test of the lower Kumo (now at 1.2973), however, break of 1.2935-40 is needed to signal the rebound from 1.2915 has ended, bring retest[​IMG]

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