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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Oct 18, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Although the British pound has recovered after holding above previous support at 1.2133 and gain to resistance at 1.2325 cannot be ruled out, reckon upside would be limited and bring further consolidation. Only a firm break of 1.2325 resistance would signal the fall from 1.2483 has ended at 1.2089 earlier,[​IMG]

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