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
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