(1,5704) The CABLE confirmed a strong closing last night at the resistance of the positive outside day supporting further strength. However only a daily closing above 1,5755 will confirm higher levels with 1,5830 next possible resistance! The indicators of the daily chart are of course still well positive as well as those of the s/t charts supporting further strength. In the hourly chart we have overbought conditions. While above 1,5685 on an hourly closing we favour however further strength suggesting a firm test of the 1,5755 key level!! We stay on the sideline
Read the full report: GBPUSD 09.10
Future Trend
