Cable's firmness after y'day's rise to 1.6122 intandem with euro suggests the correction fm last week's high of 1.6131 has ended at 1.6003 on Fri n upmove fm Nov's low at 1.5828 shud resume for a re-test of said res, abv wud extend to 1.6150/60.
Buy on dips with stop as indicated, break wud 'prolong' choppy trading but 1.6003 sup wud hold.
Last Update At
12 Dec 2012 07:46 GMT
Buy at 1.6080