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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 19, 2015.

  1. Lily

    Lily Forum Member

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    The British pound has surged again today and current breach of previous resistance at 1.5265 signals the rise from 1.5027 low is still in progress and may bring a stronger retracement of early decline to 1.5315-20 (61.8% Fibonacci retracement of 1.5445-1.5027) but still reckon upside would be limited and price[​IMG]

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