BUY GBP/USD 1.4786
TAKE PROFIT 1.4806
STOP LOSS 1.4756
SIGNAL VALID FROM 6.00 GMT - 18.00 GMT
MONDAY February 9, 2009
A corrective/consolidation activity between 1.2784 and 1.3134 is likely for a while.
Currently uptrend should end around 1.4985 - 1.4905 area. A correction down to below 1.4649 is expected. A rise above 1.5003 will abort the expected correction.
A correction down to 91.09 folowed buy a mouve up to 92.12 or 92.58. A break above 93.15 would accelerate this bullish move.
Current move should be supported in 1.1615 zone for a rise to above 1.1809. A break below 1.1507 opens the way down.
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