Trade Idea Wrap-up: GBP/USD - Sell at 1.4080

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 25, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although cable has retreated after intra-day brief bounce to 1.3997, break of yesterday's low at 1.3878 is needed to signal recent selloff has once again resumed and extend weakness to 1.3850, then towards 1.3800-10, otherwise, further consolidation would take place and another corrective bounce to 1.4000-10 cannot be ruled out[​IMG]

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