Forex Trading Signals for 22nd June 2012

Dear friend,,,

Today we have  signal on GBP/USD,,,

Sell Signal for GBP/USD,

Entry Point: 1.56309
Take Profit: 1.55500
Stop Loss: 1.56700,,,,

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Sell signal for Eur/USD

Entry Point: 1.25900
Take Profit: 1.2500
stop Loss: 1.26400....


Always remember to apply discipline when trading forex,,,

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GBPUSD

Short-term support formed by a horizontal line connecting recent top zone and the upward trendline is being tested today.

EURUSD

There’s no sign yet that current decline has come to an end, so it’s a good idea to expect a test of 1.2440/50 which is the next support. In case of upside pullbacks, former support around the upward trendline should provide a decent selling point