KLSE IForex Recommendations : Epic Research Malaysia

Trading Tips:
The pound trimmed losses against the dollar on Thursday as data showing a surge in U.K. retail sales in May indicated that the economy is holding up despite uncertainty over next week’s European Union membership referendum.GBP/USD was at 1.4162, up from earlier lows of 1.4121The pound found support after the Office for National Statistics said retail sales rose 6.0% in May from the same month a year earlier, the biggest annual rise since September., Economists had expected a 3.9% increase. April’s retail sales growth was revised up to 5.2% from 4.3%, the ONS said.

RECOMMENDATION :
BUY GBP/USD ABOVE 1.4192 TGT 1.4212 1.4142 SL 1.4162
SELL GBP/USD BELOW 1.4120 TGT 1.4100 1.4070 SL 1.4150

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