GBPUSD Forecast Dec 10 -14

The Cable had a mixed week after peaking at 1.6131 , lower than November’s high, and closed lower at 1.6037 . It might try to test the top channel at 1.6090 failing which will move it southbound to test a critical support, again, at 1.6004 . Weakness may also push the Cable to play the bearish channel and expose the following supports as target; 1.5960 and 1.5860 .

Sang Cable melewati minggu yang berkecamuk setelah memuncak di level 1.6131 , lebih rendah dari tertinggi bulan November, dan menutup lemah di level 1.6037 . Ia akan mencoba untuk menguji resistan di top channel di level 1.6090 , dan apabila gagal, ia akan mula bergerak ke selatan untuk menguji, sekali lagi, support kritis di level 1.6004 . Kelemahan mungkin saja akan mendorong sang Cable to bermain sesuai bearish channel dan akan mengekspos beberapa support sebagai sasaran; 1.5960 dan 15860 .
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