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Trade Idea Update: GBP/USD - Sell at 1.4150

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable's decline has gathered momentum and broke below indicated previous support at 1.4053-57, adding credence to our bearish view that a downside break of early established broad range has occurred, hence further weakness towards 1.4000 would be seen, however, near term oversold condition should limit downside to[​IMG]

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