GBP/USD Pair @ 06.00 am (Malaysia)

Salam ....

As aspected yesterday Sell Area met and reached T1 at 1.5729 and stop at 1.5707 and fail to test T2. As aspected also if CS fail to drop deeper at T2, CS may rebound to test 1.5800 area. Then CS enter BUY area at 1.5823 and reached T1 at 1.5881 easyly but fail to test T2 at 1.5955 and stop at 1.5935.

At this moments CS is testing 1.5950 and if Daily CS close High, CS should consolidate and if fail to test 1.5800 area, CS should test again 1.6000 area. Until then let see what will happen today and if everything is going right as aspected, my predictions for today is :

Trading Range 1.5800 to 1.6100 area.


1. BUY Area : 1.5871


T1 : 1.5935


T2 : 1.6000


T3 : 1.6060


2. SELL Area : 1.5831


T1 : 1.5800


T2 : 1.5750


T3 : 1.5700

Allah Hu.