Above is a daily chart for gbp/usd,i would like to update the latest signal for cable today because i see the gathering support hold price from more weakness,this gathering support should be the ultimate support for pound,while holding price above this zone could bouncing the pound to the moon,but if 1candle opening or closing below this zone should have a big impact for pound.Look like further weakness or recovery depend on this zone,so be careful..in a short term view i should say cable need a bounce first,as long as gathering support zone hold the price cable should recover toward 1.9593,1.9738 or further max target around 2.0025.while the downside pressure could not be deny,dont forget to put your stop loss below 1.9335 to 1.9361 zone.This is a big chance to counter the trend with the smallest risk and big reward. ok trader may god bless u.Take care;)
Posted by
millionaire |
Thursday, May 15, 2008
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cable rebound
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great boss' what abt GJ? i think she will move up to 208.xx and den she will drop. im waiting for your opinion :)=twin_abduls=
Hallo Boss' i wanna talk abt GJ' my opinion is GJ will move to 208.xx and she will make nice double peak and den drop to 19x same movemment as date at 16 Oct 2007. im waiting for your prediction, thx :) ==twin_abduls==