SELL GBP/USD 1.4462
TAKE PROFIT 1.4442
STOP LOSS 1.4492
SIGNAL VALID FROM 6.00 GMT - 18.00 GMT
FOREX ANALYSISWhile below 1.3511 or 1.3554 it could fall towards below 1.3408. Rise above 1.3584 could activate some bullish pattern.
FRIDAY March 27, 2009
structure is bearish. Decelerating momentum could attract it towards
supports at 1.4387 or 1.4378. Major support is clustered around 1.4324
is still intact in a triangle configuration. It should continue to
rally to 98.89 or 99.81 if support around 98.38 hold. After which a
pullback to 98.38 - 98.14 zone is possible.
Difficult to predict next move. It should stay in a trading range between 1.1249 - 1.1355.
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