Forex Trading : 1 GBP to USD, British Pound rate forecast, Target: 1.2431 (+3.12%)
Trade : SELL the Bounce
Entry : 1.2821
Target : 1.2431 (0.04, +3.12 %)
Stop : 1.2931 (0.01, -0.78 %)
Date : Oct 17 (Thu) 04:38 (EST)
Note : GBP/USD rate has risen to the expected level. Now, it's time to sell the British Pound (GBP/USD). The rate is on a downward trend, and will fall again. 1.2327 is a strong support.