Thursday, June 4, 2009

GBP


Low activity of the parties as a result of previous trading day did not bring in any changes to earlier composed trading plans. As before without any priorities of planning direction choice and presumptions about possible range movement of the rate, we assume a possibility of test of upper boundary of Ichimoku cloud at 1.4720/40, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be will be 1.4640/60, 1.4580/1.4600 and/or further breakout variant up to 1.4520/40, 1.4460/80, 1.4380/1.4400. An alternative for buyers will be above 1.4810 with the targets 1.4860/80, 1.4940/60, 1.5000/20.

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