TRADING
TIPS :
GBP/USD hit 1.5144
during European morning trade, the pair's highest since March 18; the
pair subsequently consolidated at 1.5140, climbing 0.56%.hit 1.5144
during European morning trade, the pair's highest since March 18; the
pair subsequently consolidated at 1.5140, climbing 0.56%.Cable was
likely to find support at 1.4957, Thursday's low and resistance at
1.5256, the high of March 6.The dollar remained under pressure on
Thursday after the U.S. Department of Labor said the number of
individuals filing for initial jobless benefits increased
unexpectedly by 1,000 to 295,000 last week from the previous week’s
total of 294,000.
RECOMMENDATION:
BUY
GBPUSD ABOVE 1.5190 TARGET 1.5210 1.5240 SL 1.5160
SELL
GBPUSD BELOW 1.5150 TARGET 1.5130 1.5110 SL 1.5180
RECOMMENDATION:
BUY
EURUSD ABOVE 1.0890 TARGET 1.0910 1.0940 SL 1.0860
SELL
EURUSD BELOW 1.0835 TARGET 1.0815 1.0785 SL 1.0865
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