Dreams are renewable. No matter what our age or condition, there are still untapped possibilities within us and new beauty waiting to be born.

-Dale Turner-

Monday, March 28, 2011

Cable Analysis

After cable (GBPUSD) run for the strike down move, for about 0.886 from previous swing in H4 TF, it is likely Cable will make a correction move up to 1.640 area. First Intraday Resistant is about 1.6200/50 area.

Breaking 1.5975 level will likely make further down move to 1.5470/65 area.

GBPUSD h4GBPUSD D1