Trade Idea Wrap-up: GBP/USD - Sell at 1.4385

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Feb 16, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As cable has dropped again after intra-day brief bounce to 1.4516 and broke below indicated support at 1.4378-83, signaling the fall from 1.4669 top is underway and may extend weakness to 1.4260-65 (100% projection of 1.4669-1.4351 measuring from 1.4579), then 1.4230, however, near term oversold condition should limit downside to[​IMG]

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