Trade Idea Update: GBP/USD - Sell at 1.3135

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 8, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Friday's selloff to 1.3021 suggests the fall from 1.3372 is still in progress and bearishness remains for further weakness to 1.3000, below there would add credence to our view that recent entire correction from 1.2795 has ended, extend subsequent decline to 1.2950-60 but loss of momentum would limit downside and[​IMG]

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