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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jul 27, 2016.

  1. Lily

    Lily Forum Member

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    The British pound has remained confined within near term established range and further sideways trading is in store, only a break of support at 1.3058 (yesterday's low) would signal the fall from 1.3481 is still in progress and extend weakness to 1.3040, then towards 1.3000 but oversold condition should prevent[​IMG]

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