GU - critically placed

15 בנוב׳ 2016

a break of 1.2475-80, can be bearish for the pair - a move towards 1.2360. Else if it respects rising wedge, then back to 1.2550+ possible.

16 בנוב׳ 2016

הערה

and post the break of 1.2475, we saw a drop to 1.2379 :)
CMP 1.2464, below 1.2475 is still bearish

21 בנוב׳ 2016

הערה

...and bearishness continues:)