GBPUSD Forecast Dec 03 - 07

The Cable had a labourious week trying very hard to penetrate the top bearish channel at 1.6065 and closed at 1.6022 . The EMA100 will play a pivotal role when its tested next week. If it holds, then the upside critical resistance lies waiting to be breached at 1.6065 and an ultimate target at 1.6095 . Otherwise, if it is comprised, then the downside targets are 1.5960 and 1.5910 . Should the triple top formation decides to play, then the downside target is at 1.5885 .

Sang Cable telah melewati minggu yang melelahkan demi untuk melewati resistan kritis di level 1.6065 dan menutup perdagangan di level 1.6022 . Garis EMA100 akan bermain peran penting apabila di uji minggu depan. Jika ia mampu bertahan, maka resistan kritis yang menanti di atas ada di level 1.6065 dan target pamungkas di level 1.6095 . Sebaliknya , jika ia sempat melemah dan di lewati, maka sasaran di bawah berada di level 1.5960 dan 1.5910 . Jika pola triple top harus beraksi, maka, sasaran di bawah ada di level 1.6065 .

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