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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 7, 2016.

  1. Lily

    Lily Forum Member

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    Although cable has retreated after meeting resistance at 1.4172 yesterday and weakness to 1.4040-50 cannot be ruled out, break of yesterday's low at 1.4005 is needed to signal recent decline has resumed and extend weakness to 1.3965 (1.236 times projection of 1.4459-1.4171 measuring from 1.4322) and then[​IMG]

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