Trade Idea Wrap-up: GBP/USD - Sell at 1.4685

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jan 8, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the British pound has retreated after meeting resistance at 1.4645, break of yesterday's low at 1.4533 is needed to signal recent decline has once again resumed and extend weakness to 1.4500 but loss of momentum should prevent sharp fall below 1.4470 and reckon 1.4450 would hold from here. If[​IMG]

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