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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 11, 2017.

  1. Lily

    Lily Forum Member

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    Although cable has fallen again after meeting renewed selling interest at 1.2198, lack of follow through selling on break of previous support at 1.2107 suggests consolidation would be seen and recovery to 12150 cannot be ruled out, however, reckon upside would be limited to 1.2170-75 and price should falter below[​IMG]

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