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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 16, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    As the British pound has fallen again after meeting renewed selling interest at 1.4219, suggesting recent decline is still in progress and may extend weakness towards 1.3990-00 (61.8% projection of 1.4662-1.4115 measuring from 1.4328 and psychological level), however, oversold condition should prevent sharp fall below 1.3950 and reckon[​IMG]

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