Trade Idea Wrap-up: GBP/USD - Sell at 1.3150

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Cable only recovered to 1.3175 before dropping again in US morning after the release of US job reports, signaling the fall from 1.3372 is still in progress and intra-day breach of 1.3058 suggests recent entire correction from 1.2795 has possibly ended, hence bearishness remains for further weakness to 1.3000-10, however,[​IMG]

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