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Trade Idea Update: GBP/USD - Sell at 1.5005 or buy at 1.4785

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 23, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although cable has rebounded after falling to 1.4805 yesterday, break of 1.4908-10 is needed to signal temporary low has been formed there and bring retracement of recent decline to resistance at 1.4940-50, however, still reckon previous resistance at 1.5009 would limit upside and bring another decline later. Below 1.4830-35 would[​IMG]

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