KLSE IForex Recommendations : Epic Research Malaysia

Trading Tips:
The pound edged higher against the U.S. dollar and the euro on Wednesday, even after data showed that the U.K. economy grew less than initially expected in the third quarter. GBP/USD inched up 0.27% to 1.4861 during European morning trade. Sterling was also higher against the euro, with EUR/GBP shedding 0.52% to 0.7350.The U.K.’s Office for National Statistics said gross domestic product expanded 0.4% in the three months ended September 30, missing forecasts for 0.5%. Preliminary estimates initially pegged U.K. growth at 0.5%. The U.K.’s economy grew by 0.7% in the preceding quarter.Meanwhile, investors looked ahead to key U.S. economic data later in the session for further indications on the strength of the economy. The U.S. is release a string of reports, including data on durable goods orders, new home sales and consumer sentiment.

RECOMMENDATION :
BUY GBP/USD ABOVE 1.4920 TARGET 1.4940 1.4970 SL 1.4880
SELL GBP/USD BELOW 1.4870 TARGET 1.4850 1.4820 SL 1.4900

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