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Trade Idea Update: GBP/USD - Sell at 1.4250

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 21, 2016.

  1. Lily

    Lily Forum Member

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    As the British pound has remained under pressure, suggesting recent selloff is still in progress and may extend weakness to 1.4125 (yesterday's low), break there would extend decline to 1.4100, however, loss of downward momentum should prevent sharp fall below 1.4070 and reckon 1.4050 would hold from here, risk from[​IMG]

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