FREE SIGNAL
SELL GBP/USD 1.4228
TAKE PROFIT 1.4208
STOP LOSS 1.4258
SIGNAL VALID FROM 6.00 GMT - 18.00 GMT
RESULT LOSS
FOREX ANALYSIS
THURSDAY January 29, 2009
EUR/USD
While below 1.3198 or 1.3246 it could fall towards below 1.3071 or 1.2975. After which a corrective/consolidation activity is expected.
GBP/USD
Should test support at 1.4125 while below 1.4249. If support at 1.4125 holds it can rise up to1.4375, if not it should fall to below 1.4000 zone.
USD/JPY
Uptrend is still intact in a triangle configuration. It should continue to rally to 91.02 or 91.84 if support around 89.97 hold. After which a pullback to 89.97 - 89.59 zone is possible.
USD/CHF
A corrective/consolidation activity between 1.1373 and 1.1706 is likely for a while.
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