1 Thursday, 15 th of Oct ‘2009 DAILY TECHNICAL STRATEGIST HIGHLIGHTS: Recovery Clears The Level - GBPUSD: Recovery Clears The Level - Momentum build up on the back of its two days of recovery saw GBP breaking through its key resistance standing at the level today (Sept 30’09 high). Learn more Learn more EURGBP : Collapses Through The level - The cross continues to decline on its shooting star formation cutting through the level, its Sept 27’09 high and challenging the … Learn moreLearn more To read the full version of this 7 model currency analysis with 3 bonus technical reports pls subscribe through either PayPal Or Credit Card here FXT Technical Strategist PlusFXT Technical Strategist Plus Mohammed Isah Technical Strategist Providing Balanced Independent Research Click here for disclaimer

2 Thursday, 15 th of Oct’ 2009 DAILY TECHNICAL STRATEGIST GBPUSD Recovery Clears The Level GBPUSD: Recovery Clears The Level GBPUSD- Momentum build up on the back of its two days of recovery saw GBP breaking through its key resistance standing at the level today (Sept 30’09 high). Maintaining those gains on a daily closing basis today should bring further strength towards its declining channel initiated from the level currently at We envisage this level (channel resistance)may provide strong resistance and turn the pair back down. If however that level gives in, higher prices could develop towards the level, its Sept 23’09 high. Its stochastics and RSI are bullish and pointing higher supporting this view. Conversely, on any pullback from its current price level, the level just eroded should provide support. Further down, its Oct 14’09 high at will come in as the next support ahead of the level, its Oct 13’09 high and the level, its Oct 13’09 low. On the whole, with corrective strength continuing to be seen, further upside threats are expected. To read the full version of this 7 model currency analysis with 3 bonus technical reports pls subscribe through either PayPal Or Credit Card here FXT Technical Strategist PlusFXT Technical Strategist Plus Mohammed Isah Technical Strategist Providing Balanced Independent Research

3 Thursday, 15 th of Oct ‘2009 DAILY TECHNICAL STRATEGIST EURGBP EURGBP : Collapses Through The level EURGBP: The cross continues to decline on its shooting star formation cutting through the level, its Sept 27’09 high and challenging the level, its Oct 08’09 low today. Further corrective declines look to be seen towards the level, its Sept 30’09 low with a violation of there targeting the level, its psycho level followed by the level, its May’09 high. However, we expect the cross to back off the level if tested. Its daily studies are bearish and heading lower supporting view. To the upside, resistance is seen at the level followed by the level will come in as the initial resistance with a loss of there aiming at the level, its Mar’09 high and then the level, its Dec’08 high. On the whole, with a collapse on a shooting star seen, EURGBP could be shaping up to correct lower. To read the full version of this 7 model currency analysis with 3 bonus technical reports pls subscribe through either PayPal Or Credit Card here FXT Technical Strategist PlusFXT Technical Strategist Plus Mohammed Isah Technical Strategist Providing Balanced Independent Research

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