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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 2, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the British pound has risen again after holding above support at 1.4577 (Friday's low) and near term upside risk remains for recent erratic rise from 1.3836 low to extend gain to 1.4700-10, however, loss of upward momentum should prevent sharp move beyond[​IMG]

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