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Trade Idea Update: GBP/USD - Sell at 1.4865

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 30, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the British pound has rebounded after resuming recent decline to 1.4785 yesterday, suggesting consolidation above this level would be seen and test of 1.4850 cannot be ruled out, however, reckon previous support at 1.4873 would cap upside and bring another decline later. A break of said support at 1.4785[​IMG]

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