Trade Idea Wrap-up: GBP/USD - Sell at 1.4230

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

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The British pound tumbled after meeting renewed selling interest at 1.4340 on dovish comments from BOE official, suggesting recent downtrend is still in progress and may extend weakness to 1.4120, then 1.4100, however, loss of downward momentum should prevent sharp fall below latter level and reckon 1.4050-60 would hold from[​IMG]

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