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Trade Idea: GBP/USD - Sell at 1.5190 - forex fx daily current outlook

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Old 03-19-2010, 02:50 PM
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Join Date: Sep 2008
Posts: 11,435
Default Trade Idea: GBP/USD - Sell at 1.5190

Despite early rise to 1.5382, the subsequent euro-led sharp retreat suggests top has been formed there and consolidation with mild downside bias is seen for weakness to the lower Kumo (now at 1.5045) and then test of 1.4977 support. However, it is necessary to see a breach of latter support...

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