KLSE IForex Recommendations : Epic Research Malaysia

Trading Tips:
The Pound had another bearish session on Friday and continued lower today in early trading as nervous traders exited their positions in the wake of the newest Brexit polls. The positive economic releases of the week were mostly ignored, as investors consider the vote as the primary risk for the currency. The technical picture remains neutral, with strong resistance above the current rate around 1.4385 and support at 1.4150. The prior lows near 1.3850 still seem distant, despite the recent volatility in the pair.The pound fell to two month lows against the dollar on Monday and hit multi-year lows against the stronger yen as worries over a U.K. referendum on European Union membership next week took hold. GBP/USD was down 0.49% at 1.4185, the weakest level since April 18.Sterling has sold off in recent sessions amid fears that a U.K. exit or Brexit from the EU in the June 23 referendum could trigger a period of uncertainty in financial markets and hit growth in the region.

RECOMMENDATION :
BUY GBP/USD ABOVE 1.4183 TGT 1.4203 1.4233 SL 1.4153
SELL GBP/USD BELOW 1.4158 TGT 1.4138 1.4108 SL 1.4188

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