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 1.4640

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 11, 2016.

  1. Lily

    Lily Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    7,377
    Likes Received:
    0
    The British pound has continued to edge higher after rebounding from 1.4495 temporary low, retaining our view that consolidation above this level would be seen and corrective bounce to 1.4615-20 (38.2% Fibonacci retracement of 1.4816-1.4495) is likely, however, reckon resistance at 1.4645 would limit upside and bring another decline. Below[​IMG]

    Continue reading...
     

Share This Page