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Trade Idea Update: GBP/USD - Sell at 1.2845

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 6, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable has remained under pressure after this week’s selloff below support at 1.2795, adding credence to our bearish view that medium term downtrend is still in progress and may extend weakness to support at 1.2685, break there would bring further subsequent decline to 1.2640-50 but loss of near term[​IMG]

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