Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 6, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the British pound has risen again and broke above yesterday's high of 1.3376 and near term upside risk remains for recent rise from 1.2866 to extend gain to 1.3440-50, loss of upward momentum should prevent sharp move beyond previous resistance at 1.3477, price should falter below 1.3500-10, risk from[​IMG]

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