Wednesday, September 23, 2009

GBP/USD Pair @ 06.00 am (Malaysia)

Salam ....


Trading Range is between 1.6100 to 1.6600 area.


1. BUY Area : 1.6337


T1 : 1.6400


T2 : 1.6450


T3 : 1.6550 - If fail CS should drop at 1.6300 area.



2. SELL Area : 1.6297


T1 : 1.6248


T2 : 1.6200


T3 : 1.6137


Allah Hu

1 comment:

Unknown said...

The U.S. dollar continued to weaken against its major counterparts during the overnight session as investors increased their appetite for higher-yielding assets, and the reserve currency may face increased volatility throughout the U.S. trade as the FOMC is widely expected to hold the benchmark interest rate at 0.25% and maintain its $1.75T asset purchase program in order to encourage a sustainable recovery. At the same time, market participants speculate the central bank to signal an end to its easing cycle as Fed Chairman Ben Bernanke sees the economy emerging from the worst recession since the post-war period, and comments following the meeting are likely to shake up the markets as investors weigh the outlook for future policy.

Supply And Demand On TD: Join Me at Super Forex

Join Me At Super Forex