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Trade Idea Update: GBP/USD - Sell at 1.5170

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 10, 2015.

  1. Lily

    Lily Forum Member

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    As the British pound rebounded after falling to 1.5027 last week, retaining our view that minor consolidation above this level would be seen and corrective bounce to 1.5150-55 cannot be ruled out, however, reckon upside would be limited to 1.5170 (38.2% Fibonacci retracement of 1.5402-1.5027), bring another decline later, below[​IMG]

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