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Intraday trading signal for GBP/USD - 1.4224

Discussion in 'Trading Systems and Strategies' started by acetraderfx, Feb 20, 2009.

  1. acetraderfx

    acetraderfx Active Trader

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    Intraday trading signal for GBP/USD - 1.4224

    By AceTrader : http://www.acetraderfx.com

    Although cable has fallen in tandem with euro n
    the retreat fm y'day's high at 1.4449 may extend to
    1.4190/00, if our daily bullish outlook is correct,
    sup at 1.4176 shud limit downside n bring rebound,
    abv 1.4265/70 wud yield subsequent gain to 1.4300.

    Stand aside n buy for day trade as only below
    1.4150 indicates correction fm 1.4092 low is over..

    Range Forecast
    1.4215 / 1.4245

    Resistance/Support
    R: 1.4267/1.4300/1.4361
    S: 1.4213/1.4176/1.4092
     

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