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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 28, 2015.

  1. Lily

    Lily Forum Member

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    Although cable surged to 1.4975 late last week, the subsequent retreat suggests consolidation below this level would be seen and weakness to 1.4895-00 cannot be ruled out, however, a firm break below 1.4865-70 is needed to signal the rebound from 1.4805 (last week's low) has ended, bring further fall to[​IMG]

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