KLSE IForex Recommendations : Epic Research Malaysia

Trading Tips:
GBP/USD is currently trading with a bullish bias. Yesterday, the pair traded long as previously forecasted and is still pretty much bullish. We wait for a clear breakout above 1.3491 to give us the green light to continue long towards 1.41199. A clear rebound from 1.3491 will culminate into a possible bearish price rally but should not go beyond 1.3226. This pair should be traded alongside GBP/CHF, and GBP/JPY. These pairs have a strong positive correlation of up to +0.95 and will have a similar price action during this intraday.

RECOMMENDATION :
BUY GBP/USD ABOVE 1.3470 TGT 1.3490 1.3540 SL 1.3440
SELL GBP/USD BELOW 1.3345 TGT 1.3325 1.3295 SL 1.337

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