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Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 29, 2016.

  1. Lily

    Lily Forum Member

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    Although current break of previous resistance at 1.3475 adds credence to our view that a temporary low has been formed at 1.3120 and near term upside risk remains for the rebound from there to bring retracement of recent decline to 1.3530-35, then 1.3565-70 (23.6% Fibonacci retracement of 1.5018-1.3120), however, reckon[​IMG]

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