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    • taomql4 replied Jun 15, 2012

      I don't think we are going to close above yesterday's close (1.55507) . It's a Range trader's Paradise . We have a capped market , Folks..And the supply @1.55520 won't give way easy .. I see us closing below 1.55507 today .. Happy Weekend ..

      Cable Update (GBPUSD)
    • taomql4 replied Jun 14, 2012

      1.56 ? — Good luck with the 1.56 peg guys .. You are really going up against a tough supply zone . With what looks like a no-demand bar forming on the daily chart , I think more like 1 .5523 -28 than 1.56 ...

      Cable Update (GBPUSD)