S: 1.5800 / 1.5760-00 / 1.5700
Cable dipped to a low of 1.5766 and has bounced back well above 1.5800 again. Significant Resistance is seen at 1.5850 which needs to be broken for the pair to extend it upmove further. While below 1.5850 a downmove to 1.5750-00 is possible and cannot be ruled out. We will have to wait and see how the market closes for the week today to get a clear picture on the direction of move going forward
finally drop, but your analysis is similiar wth me...
ReplyDeletei perhaps GU will uptrend again