Wednesday, 22 June 2016

KLSE IForex Recommendations : Epic Research Malaysia

Trading Tips:
The pound rose to a new seven-week high against the dollar on Tuesday, extending Monday’s gains as opinion polls indicated growing support for a U.K. vote to remain in the European Union ahead of Thursday’s referendum.GBP/USD climbed 0.28% to 1.4767, the highest level since May 3. Sterling climbed around three cents on Monday, in its strongest rally in nearly eight years. Two opinion polls released on Monday indicated that support for the ‘Remain’ campaign had regained its lead over a vote to exit the 28-member bloc.An ORB poll for the Daily Telegraph newspaper showed that 53% of voters supported the Remain campaign, compared with 46% support for the Leave campaign. A poll published by NatCen also showed Remain on 53% and Leave at 47%. But a poll by YouGov for The Times newspaper showed Leave ahead on 44%, with Remain on 42%.

RECOMMENDATION :
BUY GBP/USD ABOVE 1.4780 TGT 1.4800 1.4820 SL 1.4750
SELL GBP/USD BELOW1.4650 TGT 1.4630 1.4600 SL 1.4680

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