Forex @ 01.20 pm (Malaysia)

Tips For Today :

GBP/USD :

SELL Area : 1.5013

BUY Area : 1.5053

PIVOT : 1.5040

Good Luck.

Yesterday Report For GBP:

The Sterling (GBP) had a very interesting day with heavy middle eastern buying early in the day pushing the recovery up to 1.5250 before crashing back to below 1.5000 as US stocks extended their losses into the close. UK data beat expectations with CBI trends at -38 beating -41 expected. Overall the GDP/USD traded with a low of 1.4905 and a high of 1.5248 before closing the day at 1.4960 in the New York session. Looking ahead, October Retails Sales are seen -0.9% in October vs. -0.4% last month.