Forex Market Outlook on Majors
Fri, Feb 20 2009, 06:29 GMT
by AceTrader Team
AceTrader | View company's profile
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Intraday trading signal by AceTrader for GBP/USD - 1.4224
Rate: 1.4224
Although cable has fallen in tandem with euro n
the retreat fm y'day's high at 1.4449 may extend to
1.4190/00, if our daily bullish outlook is correct,
sup at 1.4176 shud limit downside n bring rebound,
abv 1.4265/70 wud yield subsequent gain to 1.4300.
Stand aside n buy for day trade as only below
1.4150 indicates correction fm 1.4092 low is over..
Range Forecast
1.4215 / 1.4245
Resistance/SupportR: 1.4267/1.4300/1.4361
S: 1.4213/1.4176/1.4092
Published on
Fri, Feb 20 2009, 06:36 GMT
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