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Trade Idea Wrap-up: GBP/USD - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 7, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As the British pound has rebounded again after finding support at 1.2227, retaining our view that further consolidation above said support at 1.1995 would be seen and test of 1.2475-80 cannot be ruled out, however, above 1.2500 is needed to extend the rebound from 1.1995 for retracement of recent decline to 1.2550, then towards[​IMG]

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