TRADING TIPS :
GBP/USD hit 1.5552 during European morning trade, the pair’s highest since January 2; the pair subsequently consolidated at 1.5531.In a report, the Office for National Statistics said the U.K. gross domestic product expanded by 0.5% in the final three months of 2014, unchanged from an initial estimate and in line with expectations. The U.K.’s economy grew by 0.7% in the previous quarter.Year-over-year, U.K. economic growth grew 2.7% in the three months to December, unchanged from a preliminary reading. The U.K. economy expanded at an annualized rate of 2.6% in the third quarter of 2014.The report also showed that total U.K. business investment fell 1.4% in the last quarter, disappointing forecasts for a 1.9% gain and following a 1.2% decline in the third quarter of 2014.
INTRADAY OUTLOOK
Support: 1.5492
Resistance: 1.5573
RECOMMENDATION:
1. Buy GBP/USD Above 1.5575-TG: 1.5595/1.5625 SL 1.5545
2. Sell GBP/USD Below 1.5490-TG: 1.5470/1.5440 SL 1.5520
INTRADAY OUTLOOK
Support: 1.1317
Resistance: 1.1396
RECOMMENDATION:
1. Buy EUR/USD Above 1.1398-TG: 1.1418/1.1448 SL 1.1368
2. Sell EUR/USD Below 1.1315-TG: 1.1295/1.1265 SL 1.1345
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my KLSE, KLSE exchange, KLSE Malaysia, KLSE stock Market, KLSE stock picks, KLSE Stock Recommendations, malaysia KLSE Stock market, Malaysia latest news update
GBP/USD hit 1.5552 during European morning trade, the pair’s highest since January 2; the pair subsequently consolidated at 1.5531.In a report, the Office for National Statistics said the U.K. gross domestic product expanded by 0.5% in the final three months of 2014, unchanged from an initial estimate and in line with expectations. The U.K.’s economy grew by 0.7% in the previous quarter.Year-over-year, U.K. economic growth grew 2.7% in the three months to December, unchanged from a preliminary reading. The U.K. economy expanded at an annualized rate of 2.6% in the third quarter of 2014.The report also showed that total U.K. business investment fell 1.4% in the last quarter, disappointing forecasts for a 1.9% gain and following a 1.2% decline in the third quarter of 2014.
INTRADAY OUTLOOK
Support: 1.5492
Resistance: 1.5573
RECOMMENDATION:
1. Buy GBP/USD Above 1.5575-TG: 1.5595/1.5625 SL 1.5545
2. Sell GBP/USD Below 1.5490-TG: 1.5470/1.5440 SL 1.5520
INTRADAY OUTLOOK
Support: 1.1317
Resistance: 1.1396
RECOMMENDATION:
1. Buy EUR/USD Above 1.1398-TG: 1.1418/1.1448 SL 1.1368
2. Sell EUR/USD Below 1.1315-TG: 1.1295/1.1265 SL 1.1345
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my KLSE, KLSE exchange, KLSE Malaysia, KLSE stock Market, KLSE stock picks, KLSE Stock Recommendations, malaysia KLSE Stock market, Malaysia latest news update
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