BUY GBP/USD 1.4460
TAKE PROFIT 1.4480
STOP LOSS 1.4430
SIGNAL VALID FROM 6.00 GMT - 18.00 GMT
FRIDAY March 20, 2009
One move lower to 1.3477 or 1.3286 is anticipated while below 1.3703 - 1.3798 area. Stop loss above 1.3928 zone.
uptrend should end around 1.4701 - 1.4685 area. A correction down to
below 1.4251 is expected. A rise above 1.4858 will abort the expected
fall is near an end of wave around 91.87 - 93.41 zone, a rally should
then procede to above 95.57 or 96.24. Fall below 91.82 would cancel
It may meet resistance in 1.1232 - 1.1284 zone for a drift down to 1.1077 zone, after which bounce to 1.1346 is anticipated.
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