Trade Idea Wrap-up: GBP/USD - Sell at 1.4370

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 15, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Current break of previous support at 1.4352 confirms recent downtrend has once again resumed and further weakness to 1.4295 (61.8% projection of 1.4645-1.4352 measuring from 1.4476) would be seen, below there would extend decline to 1.4270, however, loss of downward momentum should prevent sharp fall below 1.4240-50, risk from there[​IMG]

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