KLSE IForex Recommendations : Epic Research Malaysia

Trading Tips:
The pound was fixed above the level of 1.46, the main purpose for the “bulls” is above the May maximums. The indicator of the RSI is in the neutral zone and is ready to resume growth to the resistance level, which indicates in favor to the quotations growing. The GBP / USD forecast for 31 May 2016 considers the strengthening of the pound, but as the referendum approached the UK’s membership in the European Union, the volatility will increase.

RECOMMENDATION :
BUY GBP/USD ABOVE 1.4590 TGT 1.4610 1.4640 SL 1.4560
SELL GBP/USD BELOW 1.4569 TGT 1.4549 1.4509 SL 1.4599

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