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Trade Idea Update: GBP/USD - Sell at 1.2925

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 3, 2016.

  1. Lily

    Lily Forum Member

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    Cable met renewed selling interest at 1.3023 on Friday and opened lower today, the pair has dropped again in London morning, suggesting recent decline from 1.3481 is still in progress, hence further weakness to 1.2830-35 and then towards recent low at 1.2795 would be seen, however, oversold condition should prevent[​IMG]

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