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Trade Idea Update: GBP/USD - Hold short entered at 1.4295

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 4, 2016.

  1. Lily

    Lily Forum Member

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    Cable found support at 1.4171 and has rebounded, suggesting consolidation above this level would be seen, however, reckon upside would be limited to previous support at 1.4326 and bring another decline later. Below 1.4240-45 would bring test of 1.4195-00 but break of said support at 1.4171 is needed to extend[​IMG]

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