SELL GBP/USD 1.4596
TAKE PROFIT 1.4576
STOP LOSS 1.4626
SIGNAL VALID FROM 6.00 GMT - 18.00 GMT
RESULT ORDER NOT TOUCHED
WEDNESDAY February 11, 2009
Current fall seems to be over near 1.2862 or 1.2791 for a rebound towards 1.2932 - 1.2994 area.
Market should meet resistance at 1.4638. We expect then an extended move down to 1.4417 -1.4253 area.
Market should pop up towards 91.37 or 92.28 this bullish scenario would be damaged if 89.63 - 89.61 zone is broken, a severe break down could then occur.
While above 1.1536 - 1.1455 zone a corrective dip could test 1.1617 or 1.1673 or 1.1729. After which it should resume his downtrend.
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