GBP/USD @ 07.00 am (Malaysia)

Salam and hi...

As aspected yesterday, CS enter buy area and hit my T2 and fail to test T3 and as aspected again if fail CS should drop deeper. At this moment CS is on consolidations mode and may test again 1.6600 and if fail CS should drop to 1.6500 or deeper. If this happen my predictiopns for today is :


Trading range is between 1.6300 to 1.6700 area.


1. BUY Area : 1.6539


T1 : 1.6600 - becarefull of Head & shoulder of Daily chart - if fail to break resistance CS should drop.


T2 : 1.6655 - becarefull of reverse signal


T3 : 1.6717


2. SELL Area : 1.6481


T1 : 1.6445


T2 : 1.6400


T3 : 1.6300


Allah Hu.