Monday, June 23, 2014

Sgx IForex Recommendations : Epic Research Singapore


TRADING TIPS :
GBP/USD touched highs of 1.7026, the most since August 2009, and was last at 1.7017, up 0.15%. Cable was likely to find support at 1.6950 and resistance at 1.7040. The dollar weakened broadly after the Fed gave no indication of when interest rates could start to rise at the conclusion of its two-day meeting on Wednesday.



RECOMMENDATION :
1. Buy GBP/USD Above 1.7060- TG: 1.7090/ 1.7120 SL 1.7030
2. Sell GBP/USD Below 1.6990- TG: 1.6960/ 1.6920 SL 1.7020


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