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Trade Idea Update: GBP/USD - Hold short entered at 1.5215

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 16, 2015.

  1. Lily

    Lily Forum Member

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    Cable met resistance at 1.5242 and has slipped again today, retaining our view that top was possibly formed at 1.5265 on Friday and consolidation with downside bias remains, a break of 1.5170-75 would add credence to this view, bring weakness to support at 1.5134, below there would suggest the rebound[​IMG]

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