Wednesday, March 25, 2009

GBP/USD Pair @ 11.00 am (Malaysia)

SELL Area - 1.4656 (First Target : 1.4575. Second Target : 1.4452).

BUY Area - 1.4677 (First Target : 1.4779. Second Target : 1.4850).

Salam and Hi........

Yesterday as aspected my buy area met and achived my second target at 1.4750 and close at 1.4779. From there candle drop back to 1.4636 and at this moment still in consolidations move from that drop. Looks like market is still testing 1.4850 today. Anyway fail to do so, candle may drop back to find 1.4350. From here maybe candle will test yesterday high at 1.4779. Good Luck.

Trading Range is between 1.4350 - 1.4850.

Breaking 1.4850 candle may test 1.5000 area.

Salam and Allah Hu.

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