Trade Idea Update: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 30, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although cable did fall in line with our bearish expectations, failure to penetrate minor support at 1.2937 suggests near term upside risk has increased for a recovery to 1.3000, however, as long as minor resistance at 1.3032 holds, prospect of another decline remains. A break above there would signal the[​IMG]

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