TRADING TIPS :
GBP/USD hit 1.4755 during European morning trade, the session low; the pair subsequently consolidated at 1.4765, down 0.27%.The pound was trading at one-and-a-half week lows against the U.S. dollar on Tuesday, even after data showed that the U.K. economy grew more than initially expected in the fourth quarter of 2014, as demand for the greenback remained broadly supported.In a report, the U.K.’s Office for National Statistics said gross domestic product expanded at a rate of 0.6% in the final three months of 2014, up from a previous estimate of 0.5% and above expectations for a 0.5% reading.
INTRADAY OUTLOOK
Support: 1.4734
Resistance: 1.4794
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
INTRADAY OUTLOOK
Support: 1.0695
Resistance: 1.0755
RECOMMENDATION:
1. Buy EUR/USD Above 1.0757-TG: 1.0777/1.0989 SL 1.0787
2. Sell EUR/USD Below 1.0693 -TG:1.0673/1.0643 SL 1.0723
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 1.4755 during European morning trade, the session low; the pair subsequently consolidated at 1.4765, down 0.27%.The pound was trading at one-and-a-half week lows against the U.S. dollar on Tuesday, even after data showed that the U.K. economy grew more than initially expected in the fourth quarter of 2014, as demand for the greenback remained broadly supported.In a report, the U.K.’s Office for National Statistics said gross domestic product expanded at a rate of 0.6% in the final three months of 2014, up from a previous estimate of 0.5% and above expectations for a 0.5% reading.
INTRADAY OUTLOOK
Support: 1.4734
Resistance: 1.4794
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
INTRADAY OUTLOOK
Support: 1.0695
Resistance: 1.0755
RECOMMENDATION:
1. Buy EUR/USD Above 1.0757-TG: 1.0777/1.0989 SL 1.0787
2. Sell EUR/USD Below 1.0693 -TG:1.0673/1.0643 SL 1.0723
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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