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DAILY PREDICTION FOR GBP/USD PAIR

Friday, April 17, 2009

Friday, Apr 17, 2009 - 10:50AM ( GMT +8 )

Congratulations for yesterday profits! Market has been reached target 1 for long and make profit about 70PIPs before make reversal and break the Pivot. Then, market moved down to S1 and reached target 1 for short. Swing size for yesterday about 290PIPs.

Today, market open at price 1.4921 below the Pivot(1.4942) and this moments already moving down to MS1 at 1.4881. Market make retrace at 61.8% before move down or without retrace this level, market also continue bearish.

Today long/buy if market can break 61.8% and Pivot level are :

BUY AREA : 1.4961

TP1: 1.5045

P2: 1.5064

TP3: 1.5124



But, market more on bearish trend and can move down or make retrace first before move down. So, if price 1.4925 and 1.4942 can not be break, so get our sell/short at :

SELL AREA : 1.4915

TP1: 1.4839

TP2: 1.4786

TP3: 1.4717



GOOD LUCK FOR TODAY

Alert! Today is Friday, always be careful with market movement and tricky!

Always trust yourself, trade what u see from the chart, don't trade what u think and use your own prediction and compare with my prediction......

Save Palestine For Allah.....


THIS MARKET PREDICTION BROUGHT TO YOU BY :
Sifu WA

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