Daily Forex Prediction for July 13, 2009
(update: 1:21am GMT+7)

EUR/USD
It is not so clear. We predict that it is more likely to move flat or zig zag today (may be it will go down first, before it goes up). But if you still want to trade on it, We recommend to wait and see first. If it goes down to below 1.39 (may be at around 1.3840), then you can place a Buy Order. But if it directly goes up to around 1.4, then you can also place a Buy Order. If it is not reaches on that mentioned price, better you stay away from this currency and don't trade.
(Current Price: 1.3934)

GBP/USD
It is more likely to go down to around 1.6140, and then it might have potentially to go up to around 1.63. We recommend to wait to entry Buy at around 1.6140.
(Current Price: 1.6209)


Enjoy !


GainScope.com