Tuesday, June 30, 2009

GBP/USD Pair @ 06.30 am (Malaysia)

Salam and hi fxworld,

Trading Range is between 1.6187 to 1.6750

1. BUY Area : 1.6541

a. T1: 1.6600

b. T2: 1.6661

c. T3: 1.6750

If fail to break 1.6661 CS may drop back to 1.6500 area. Possibility to rebound back to test 1.6661 today. Anyway please trade what you see and be more alert on all Bearish reverse signal.



2. SELL Area : 1.6499

a. T1: 1.6427

b. T2: 1.6363

c. T3: 1.6300

As long as 1.6187 price hold, CS may rebound to test 1.6661 area again.





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