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GBP - USD MAY 13 2009 ( RESULT PROFIT )

1.5280 marks the pullback low from 1.5331 (it was also the pullback low from 1.5324). 1.5264 was today"s Asian session base. 1.5331 was also yesterday"s post-UK unemployment and earnings data high ( More). 1.5201 was yesterday"s pullback low from 1.5331. Sterling scaled a four-month peak of 1.5354 after yesterday"s 12:30GMT US trade data. 1.5374 marks the 2009 high (Jan 8).

TODAY SIGNAL

TIME RELEASE : 6.25 AM ( M'SIA )

BUY : 1.5289 TARGET : 1.5300

* Don't forget to use stoploss

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