After reaching the level of 2.100 cable is showing signs of unstability at that level though the major trend is bullish. Hourly charts are showing bearish divergence at the overbought level.
We are looking to enter LONG from the lower level.
STRATEGY: BUY GBP/USD at 1.9980 STOP 1.9945 and TARGET 2.170
Disclaimer: All information on this web site is subject to change. The use of this web site constitutes acceptance
of our user agreement. All publisher financial articles at
FXtree.com are those of the individual authors and do not represent trading recommendations
of FXtree.com or its staff.