Forex Trading Signals for 26th June 2012

Dear friend,,,Hope you all had a nice weekend,,,,Its another fresh week for forex trading,,,

Today we have signal on GBP/USD,,,

Buy Signal for GBP/USD,

Entry Point: 1.55680
Take Profit: 1.56100
Stop Loss: 1.55300,,,,

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Sell signal for Eur/USD

Entry Point: 1.25060
Take Profit: 1.24700
stop Loss: 1.254....

Always remember to set your stop loss for proper money management,,,,,,

Wish you the best of luck,,,
One Love brothers


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EURUSD

Technical support around $1.2450 is what to keep an eye on in the coming sessions, as a test is just around the corner.
Market sentiment: intraday – bearish, short-term – bearish

GBPUSD

Cable is following other pairs downward and recently fell below trendline support. I think that more selling is likely

Market sentiment: intra-day – bearish, short-term – bearish