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Trade Idea Wrap-up: GBP/USD - Sell at 1.3165

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

  1. Lily

    Lily Forum Member

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    The British pound has tumbled and broke below last week's low at 1.3120, confirming our view that recent decline has resumed and further weakness to psychological support at 1.3000 would be seen, break there would extend fall to 1.2970 and possibly towards 1.2950, however, oversold condition should prevent sharp fall below 1.2900 and reckon[​IMG]

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