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GBP-1.8406 20th Jun,2006 Pre-European Update As expected Pound has met resistance at the forecasted level and we have initiated a sell position at the intended 1.8460 level. For now we would expect the currency to decline to wards the 1.8300 target. So hold our sell position for the above said target to be reached. Amend stop to entry on break below 1.8430. Hold sell @ 1.8460 for 1.8360 min, with stop now at 1.8460. By N. Rajesh Kumar, Forex Leads, Email: rajesh@forexleads.com , # 3 G-1 Ambal Flats, Sathyavathi Nagar, Padi Chennai 600050, Phone: + 91 44 26549159  Fx-charts.com Disclaimer: The information contained on this website is subject to change without notice, views and opinions expressed on fx-charts.com may be those of individual authors and may not necessarily be the views of fx-charts.com or its officers and employees, we make no claim to the accuracy or timeliness of any information contained herein. We recommend obtaining advice from a suitably qualified financial advisor before entering into any financial transactions or agreements. The use of this website constitutes acceptance of our privacy policy, disclaimer and terms of use. This website is available for information and educational purposes only. |
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