Trade Idea Update: GBP/USD - Hold short entered at 1.3270

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 21, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Cable did meet renewed selling interest at 1.3275 and has retreated, retaining our bearishness and consolidation with downside bias remains for weakness towards support at 1.3133, break there would signal the rebound from 1.3064 has ended, then another fall towards this level would follow. Looking ahead, a drop below 1.3057-64[​IMG]

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