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

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Aug 1, 2016.

  1. Lily

    Lily Forum Member

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    Cable's retreat after meeting renewed selling interest at 1.3272 earlier today suggests top has possibly been formed at 1.3301 on Friday and downside risk remains for weakness to 1.3150-60, however, a break there is needed to add credence to this view, then test of 1.3117 support would follow but only[​IMG]

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