KLSE IForex Recommendations : Epic Research Malaysia

Trading Tips:
GBP/USD is currently trading with slight bearish bias. Earlier today, the pair found a key support around 1.2997, headed long but is yet to reach our target resistance level 1.3099. We expect to continue long up to 1.3099 or even higher to 1.3228. However, as long as the current descending channel protects the upper side, we expect a continuation of the downward rally that began on Thursday the previous week. This pair should be traded alongside GBP/CHF, GBP/JPY, GBP/CAD and GBP/AUD. These pairs have a strong positive correlation of up to +0.86 and will have a similar price action during this intraday.

RECOMMENDATION :
BUY GBP/USD ABOVE 1.3095 TGT 1.3115 1.3145 SL 1.3065
SELL GBP/USD BELOW 1.2970 TGT 1.2950 1.2920 SL 1.3000

Click here for Free Signals 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