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Trade Idea Wrap-up: GBP/USD - Hold short entered at 1.5220

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 12, 2015.

  1. Lily

    Lily Forum Member

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    Although the British pound has rebounded again, as long as intra-day resistance at 1.5247 holds, consolidation with mild downside bias remains for test of the upper Kumo (now at 1.5156) but below support at 1.5134 is needed to signal top is formed, bring weakness to 1.5090-00, break there would indicate[​IMG]

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