(1,5025) The CABLE confirmed a weak closing well below the low of the previous few sessions, one of which was also a negative day reversal. A break below 1,5010 confirmed by a daily closing will support further weakness suggesting a drop toward 1,4830!! The indicators of the daily chart are still well negative as well as those of the s/t ones supporting further weakness. The drop below 1,5050 confirmed a negative reversal suggesting a s/t target at 1,4932.
Click here to read the full report: GBPUSD 05.29
Future Trend
