BUY GBP/USD 1.4432
TAKE PROFIT 1.4452
STOP LOSS 1.4402
SIGNAL VALID FROM 6.00 GMT - 18.00 GMT
RESULT ORDER NOT TOUCHED
THURSDAY February 2, 2009
It may meet resistance in 1.2805 - 1.2847 zone for a drift down to 1.2678 zone, after which bounce to 1.2882 is anticipated.
Market looks set for gains towards 1.4598 or above in extension. Dips should find support at 1.4392 - 1.4339 zone.
Market should hold major support at 89.07 before rising towards 90.27 or even 90.7 limit.
While below 1.1665 it is more likely to fall further towards 1.1557 or 1.1523. Premature rise above 1.1665 could see it rising above 1.1732 zone.
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