SELL GBP/USD 1.4061
TAKE PROFIT 1.4041
STOP LOSS 1.4091
SIGNAL VALID FROM 6.00 GMT - 18.00 GMT
TUESDAY March 3, 2009
It may meet resistance in 1.2577 - 1.2585 zone for a drift down to 1.2553 zone, after which bounce to 1.2605 is anticipated.
is likely to attempt nearer support at 1.3912 for extending further to
below 1.3769 while below 1.4055 - 1.4172 area. Rise above 1.4243 would
dampen this bearish expectation.
Market should hold major support at 96.6 before rising towards 97.94 or even 98.43 limit.
One move lower to 1.1707 or 1.1659 is anticipated while below 1.1776 - 1.18 area. Stop loss above 1.1845 zone.
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