Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Mar 15, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Cable's intra-day fall gathered momentum, suggesting top has been formed at 1.4437 last week and downside risk remains for the decline from there to bring retracement of recent upmove and weakness to 1.4135-40 (50% Fibonacci retracement of 1.3836-1.4437), then 1.4118 support is likely, however, reckon downside would be limited to[​IMG]

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