Trade Idea Update: GBP/USD - Sell at 1.5230

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 6, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Yesterday's selloff after breaking support at 1.5360 together with the subsequent breach of indicated key support at 1.5201 signal the entire correction from 1.5107 has ended at 1.5510 earlier and bearishness remains for further weakness to 1.5120, however, loss of near term downward momentum should prevent sharp fall below said previous chart support at 1.5107[​IMG]

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