Trade Idea Wrap-up: GBP/USD - Sell at 1.2915

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 3, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As cable has remained under pressure after dropping sharply from 1.3023 (Friday's high), adding credence to our bearish view that recent decline from 1.3481 is still in progress, hence further weakness towards recent low at 1.2795 would be seen, however, oversold condition should prevent sharp fall below this support and[​IMG]

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