Thursday, September 24, 2009

GBP/USD Pair @ 06.00 am (Malaysia)

Salam....

Yesterday my buy area met and met my second target at 1.6450 and stop at 1.6465 fail to meet my T3 at 1.6550. As aspected yesterday if CS fail to break 1.6550, CS may drop back to 1.6300 area - then on H1 CS performed a shooting star a very good reverse signal.

So after FOMC decision to Hold interest rate - what will happen today :


Trading range is between 1.6100 area to 1.6550.


1. SELL Area : 1.6351


T1 : 1.6270


T2 : 1.6200


T3 : 1.6113


2. BUY Area : 1.6391


T1 : 1.6451


T2 : 1.6505


T3 : 1.6550


Allah Hu.

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