TRADING TIPS :
GBP/USD was at 1.4813, down slightly from around 1.4837 before the report. The pound dipped against the dollar on Thursday after data showed that growth in the U.K. construction sector slowed slightly in March ahead of next month’s elections, but confidence jumped to a nine year high.A research firm said the U.K. con- struction purchasing managers’ index ticked down to 57.8 in March from February’s four-month high of 60.1. Economists had expected the index decline to 59.5.All three areas of construction activity lost momentum in March, with a marked slowdown in civil engineering growth. Market said uncertainty related to the forthcom- ing general election had encouraged some clients to delay spending decisions.
RECOMMENDATION:
1. Buy GBP/USD Above 1.4796-TG: 1.4826/1.4856 SL 1.4766
2. Sell GBP/USD Below 1.4732-TG: 1.4712/1.4682 SL 1.4762
RECOMMENDATION:
1. Buy EUR/USD Above 1.0843-TG: 1.0863/1.0893 SL 1.0813
2. Sell EUR/USD Below 1.0779 -TG:1.0759/1.0729 SL 1.0809
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 was at 1.4813, down slightly from around 1.4837 before the report. The pound dipped against the dollar on Thursday after data showed that growth in the U.K. construction sector slowed slightly in March ahead of next month’s elections, but confidence jumped to a nine year high.A research firm said the U.K. con- struction purchasing managers’ index ticked down to 57.8 in March from February’s four-month high of 60.1. Economists had expected the index decline to 59.5.All three areas of construction activity lost momentum in March, with a marked slowdown in civil engineering growth. Market said uncertainty related to the forthcom- ing general election had encouraged some clients to delay spending decisions.
RECOMMENDATION:
1. Buy GBP/USD Above 1.4796-TG: 1.4826/1.4856 SL 1.4766
2. Sell GBP/USD Below 1.4732-TG: 1.4712/1.4682 SL 1.4762
RECOMMENDATION:
1. Buy EUR/USD Above 1.0843-TG: 1.0863/1.0893 SL 1.0813
2. Sell EUR/USD Below 1.0779 -TG:1.0759/1.0729 SL 1.0809
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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