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Trade Idea Wrap-up: GBP/USD - Sell at 1.2845

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 5, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As cable has recovered after intra-day brief fall to 1.2685, suggesting minor consolidation above this level would be seen and corrective bounce to 1.2800 cannot be ruled out, however, reckon 1.2845-50 would limit upside and bring another decline later, break of said support at 1.2685 would extend medium term downtrend[​IMG]

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