KLSE IForex Recommendations : Epic Research Malaysia

Trading Tips:
The pound rose to the day’s highs on Thursday after figures showing that the U.K. economy grew in line with expectations in the fourth quarter, but the annual rate of growth slowed to the weakest in three years. GBP/USD rose 0.63% to 1.4324 from around 1.4253 ahead of the report. The Office for National Statistics said fourth quarter gross domestic product grew 0.5%, matching forecasts after growth of 0.4% in the three months to September.The service sector, which accounts for around 80% of GDP, grew by 0.7% in the last quarter, but the production sector shrank by 0.2%, with manufacturing output flat. Construction output fell 0.1%, the ONS said.The U.K. economy grew at an annual rate of 1.9% in the three months to December, slowing from 2.1% in the third quarter and the smallest increase since early 2013.

RECOMMENDATION :
BUY GBP/USD ABOVE 1.4340 TARGET 1.4360 1.4390 SL 1.4310
SELL GBP/USD BELOW 1.4270 TARGET 1.4250 1.4220 SL 1.4300

For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 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