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Trade Idea Update: GBP/USD - Sell at 1.5005

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 21, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Cable's recovery after last week's resumption of decline to 1.4865 has retained our view that consolidation above this level would be seen and corrective bounce to minor resistance at 1.4950 (Friday's high) cannot be ruled out, however, reckon resistance at 1.5009 would limit upside and bring another decline later. A[​IMG]

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