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Trade Idea Wrap-up: GBP/USD - Sell at 1.5005

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Dec 21, 2015.

  1. Lily

    Lily Forum Member

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    As the British pound has remained under pressure, suggesting recent decline is still in progress and may extend weakness to 1.4850, then towards 1.4820-25, however, loss of near term downward momentum should prevent sharp fall below 1.4790-00 today, risk from there is seen for a rebound to take place later[​IMG]

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