AceTrader 2-wk TRIAL
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DAILY GBP/USD OUTLOOK
Cable's rally abv 1.6131 to a 5-week high of 1.6173 confirms upmove fm 1.5828 (Nov) has once againresumed n gain to 1.6190/00 is envisaged, however,o/bot condition shud prevent strg rise abv there nreckon res at 1.6218 shud hold on 1st testing.
Buy on dips with stop as indicated, break signalstemp. top is made n risks retracement to 1.6043.
Resistance/Support
R: 1.6176/1.6218/1.6273
S: 1.6095/1.6064/1.6043
Last Update At
13 Dec 2012 07:36 GMT
Rate
1.6142
Strategy
Buy at 1.6110
Objective
1.6190
Stop-Loss
1.6070
Cable's rally abv 1.6131 to a 5-week high of 1.6173 confirms upmove fm 1.5828 (Nov) has once againresumed n gain to 1.6190/00 is envisaged, however,o/bot condition shud prevent strg rise abv there nreckon res at 1.6218 shud hold on 1st testing.
Buy on dips with stop as indicated, break signalstemp. top is made n risks retracement to 1.6043.
Resistance/Support
R: 1.6176/1.6218/1.6273
S: 1.6095/1.6064/1.6043
Last Update At
13 Dec 2012 07:36 GMT
Rate
1.6142
Strategy
Buy at 1.6110
Objective
1.6190
Stop-Loss
1.6070
