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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
btw missed 1st target by 10pips and lost 40pips.. sorry it was very messy and erratic range trading call.. saw fall through the 1.6190-95 pivot support and then possibly down through to the 1.6130-50 for retest of that congestion support area..
S 6310 SL 6340 T1 6250 T2 6190 T3 6130
if it will successfully break above 6550 level... will see it challenging the main resistance at 6877... and if successful.... it would have a significant meaning and could see a set up for breakout north... will set a positive tone for direction for next 6 to 12 month.... expecting to see test of 1.83/85 in 6 to 12 months time...
as mentioned in USD thread.... can only imagine USDx moving much lower in coming months which aligns with this view....