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GBP-1.8839 5th Jun,2006 Pre-European Update No change in view, Pound did not get to our buy level but moved in line with our forecast, for now the currency pair is looking to test 1.8900 levels and 1.8780 should provide with the support for the above said target to be reached. We would prefer to initiate buy on dips near 1.8780 for a move higher towards 1.8900. Buy @ 1.8780 for 1.8850 min with stop below 1.8750. 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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