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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 14, 2016.

  1. Lily

    Lily Forum Member

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    Although the British pound retreated after meeting resistance at 1.2273 yesterday and weakness to 1.2160-65 cannot be ruled out, break of yesterday's low at 1.2133 is needed to revive bearishness and extend the fall from 1.2483 to previous support at 1.2089, once this level is penetrated, this would suggest early[​IMG]

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