Trade Idea Update: GBP/USD - Sell at 1.5300

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 13, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Although the British pound rose marginally to 1.5388, lack of follow through buying and current sharp retreat below support at 1.5261 signal an intra-day top has been formed there and consolidation with downside bias is seen for at least a stronger correction of the rise from 1.5107, hence weakness to[​IMG]

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