Trade Idea Update: GBP/USD - Sell at 1.3280

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 13, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable met renewed selling interest at 1.3347 and has fallen again, suggesting the decline from 1.3445 (last week's high) is still in progress and may extend fall to 1.3170-75 (1.618 times projection of 1.3445-1.3319 measuring from 1.3376), however, oversold condition should prevent sharp fall below[​IMG]

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