Trade Idea Wrap-up: GBP/USD - Sell at 1.3135

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 19, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Cable's recovery after yesterday's selloff to 1.2996 has retained our view that further consolidation above this level would be seen and corrective bounce to 1.3090-95 (38.2% Fibonacci retracement of 1.3248-1.2996) cannot be ruled out, however, reckon 1.3120-25 (50% Fibonacci retracement of 1.3248-1.2996) would limit upside and bring another decline later[​IMG]

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