Trade Idea Wrap-up: GBP/USD - Sell at 1.4600

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, May 31, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The British pound has fallen again after meeting renewed selling interest at 1.4654, suggesting the fall from 1.4740 is still in progress and may extend weakness to 1.4610-15 (76.4% retracement of 1.4442-1.4740), break there is needed to signal the rebound from 1.4332 has ended, bring further fall to 1.4475-80, however,[​IMG]

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