GBPUSD Forecast Nov 05 - 09

The Cable showed some promise of recovery but got stopped by the critical resistance, 1.6182, and closed at 1.6021 . The support zone between 1.5984 and 1.6065 may force the Stirling to move sideways. Provided that a critical resistance, at 1.6100 , is not compromised, then, a further downside movement will ensue. The first target is 1.5914, and the ultimate target for the week is 1.5835 .

Sang Cable menunjukkan potensi pemulihan tetapi dihentikan oleh resistan kritis di level 1.6182 dan menutup di level 1.6021 . Zona support di antara level 1.5984 dan 1.6065 , mungkin akan memaksa sang Stirling bergerak menyamping. Harga akan berlanjut menurun asalkan, resistan kritis di level 1.6100 , tidak jebol. Target di bawah pertama ada di level 1.5914 and target pamungkas mingguan berada di level 1.5835 .

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