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Trade Idea Update: GBP/USD - Sell at 1.5400

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 26, 2015.

  1. Lily

    Lily Forum Member

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    Cable's selloff from 1.5510 (last week's high) adds credence to our view that top has been formed there and bearishness remains for this fall to bring at least a strong retracement of recent upmove, hence weakness to 1.5300 and 1.5280 would be seen, however, reckon downside would be limited to 1.5260-65[​IMG]

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