FREE SIGNAL
SELL GBP/USD 1.4293
TAKE PROFIT 1.4273
STOP LOSS 1.4323
SIGNAL VALID FROM 6.00 GMT - 18.00 GMT
RESULT LOSS
FOREX ANALYSIS
FRIDAY February 20, 2009
EUR/USD
Strength can extend to 1.2717 or even higher than 1.2780 as declines are expected to find support at 1.2601 or 1.2547. Stop Loss below 1.2421 zone.
GBP/USD
Resistances lie around 1.437 and 1.4556. It should test lower towards 1.4184 zone. A clear break of 1.4226 would be bearish.
USD/JPY
While below 94.67 it is more likely to fall further towards 93.76 or 93.52. Premature rise above 94.67 could see it rising above 95.14 zone.
USD/CHF
Current move should be supported in 1.1719 zone for a rise to above 1.1843. A break below 1.1649 opens the way down.
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