Although cable's retreat after y'day's rebound fm 1.6238 to 1.6296 suggests choppy consolidationbelow Wed's near 3-month 1.6307 top wud continue n retrace. twds 1.6192/95 sup cannot be ruled out, reckon 1.6156 sup wud hold n yield rebound later.
Buy on dips with stop as indicated, break wud risk stronger correction to 1.6110.
Last Update At
21 Dec 2012 07:40 GMT
Buy at 1.6200