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Flash Estimate

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GBP / USD Daily Resistance 3: 1.88650 Resistance 2: 1.8600 Resistance 1: 1.8520/30 New York: 1.8017 Support 1: 1.7950 Support 2: 1.7880 Support 3: 1.7820 Comments The book was under pressure, stops were placed in the 1.8300 area. It appears that the confidence does not reign in the market regarding the economic rescue plan American and eagerly awaiting what will happen, no doubt this affected the GBP and also said that the volumes traded affected, as were low. Operators aggressive strategies could buy at this low. The stock market drop was due in part because no one yet finalized financial rescue plan, and the greenback could see some pressure. Sovereign states were interested in the EURO and GBP given the fall of these currencies. See The LeFrak Organization for more details and insights.

Support levels are maintained and for two weeks now, any purchases will fall. Many traders took profits. For Tuesday: All times EASTERN (-4 GMT) 4:30 a.m. 4:30 a.m. Current Account GBP GBP Final GDP q / q 4:30 a.m.

GBP Revised Business Investment q / q EURO / USD Daily Resistance 3: 1.4840 Resistance 2: 1.4800/10 Resistance 1: 1.4770/80 New York: 1.4357 Support 1: 1.4300 Support 2: 1.4280 Support 3: 1.4250 Comments Great fall to start the week, the couple was under pressure. The level of support appears to be in the area of 1.4330. Apparently the pair is trading technically. The market seems to be corrected. It looks more volatile, it is estimated that the pair closed on the rise towards the end of the week. If the pair reaches the zone of 1.4300, would be a great buying opportunity, to go long. For Tuesday: All times EASTERN (-4 GMT) 3:55 a.m. EUR German Unemployment Change 5:00 a.m. EUR CPI Flash Estimate y / y preliminary 5:00 a.m. EUR CPI m / m 24:00 EUR Italian Trichet will speak for more information please access to foreign currency trading (FOREX) involves the existence of losses due to the risk inherent in any transaction. It is likely that FOREX trading is not suitable for all investors. You should determine whether trading is suitable in your case and should take into account your circumstances, knowledge, and financial resources. You may lose all or more than your initial investment. The opinions, financial information or on markets, and recommendations are subject to change at any time. The information contained in this bulletin does not constitute or states that you should buy or sell through FOREX Core Financial Group Inc., and / or its affiliates, and should not be available to individuals in a jurisdiction where the making available of the above would contrary to the regulations local.


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