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Trade Idea Update: GBP/USD - Sell at 1.4530

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 14, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the British pound retreated after faltering below resistance at 1.4476 (yesterday's high), break of this week's low at 1.4352 is needed to signal recent decline has once again resumed and extend weakness to 1.4320-25 and then towards 1.4300. If said support at 1.4352 continues to hold, then further consolidation[​IMG]

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