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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 4, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Cable met resistance at 1.5445 and has retreated, retaining our view that further consolidation below this week's high of 1.5498 would be seen and test of support at 1.5360 cannot be ruled out, break there would extend weakness to 1.5340-45 (61.8% Fibonacci retracement of 1.5243-1.5498), however, as broad outlook remains[​IMG]

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