Trade Idea Update: GBP/USD - Sell at 1.2320

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 11, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the British pound has fallen again after brief recovery on dollar's broad-based strength, suggesting near term downside risk remains for further weakness to support at 1.2227, however, break there is needed to retain bearishness and extend the fall from 1.2483 to 1.2200 and possibly 1.2170 but reckon 1.2150 would hold[​IMG]

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