Disliked{quote} result is important. Going higher has failed at 3150 as per my chart. And not only that. On friday when Asia opened, 4 hr was bearish, london was fully bearish too. {image}Ignored
I did capture the bounce back to 3050 thou
On the weekly chart we have a spinning top or Indecision candle with Bears slightly in control, so what can happen is bears will take this down to 2980 b4 bulls take over and push it up again or could continue down next week to the 2750 area. The decending weekly line will probably act as support thou stopping further fall below 2820
Weekly 200 ma comes in @ 2907
Weekly 100 ma comes in @ 2746
Daily 200 ma comes in @ 2705
These are my predictions, Monday opening we have the spectre of a US stimulus package hanging over the collectives heads of traders world wide that could send Cable sky rocketing or plummeting
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