1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Trade Idea Update: GBP/USD - Sell at 1.4175

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 22, 2016.

  1. Lily

    Lily Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    7,343
    Likes Received:
    0
    As cable's intra-day selloff has gathered momentum and intra-day breach of recent low at 1.4080 signal early downtrend has resumed and further weakness to 1.4050-55 is likely, however, near term oversold condition should limit downside to 1.4000-10, risk from there has increased for a corrective rebound to take place later.[​IMG]

    Continue reading...
     

Share This Page