Free Forex Signals 08-07-2008

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Below is previous (27-06-2008)Trade and it's result
GBP/USD
Stop/Limit/Market Order

buy @1.9868
Result : (loss)

Today (08-07-2008) Forex Signals
Best time to place this order: 8.00 (GMT+3) or 5.00 GMT

GBP/USD
Stop/Limit/Market Order

sell @ 1.9728

Stop Loss @ -30pip
Set Profit Target @ 20 pip

Daily Pivot: 1.9748

Previous Day HLC (High Low Close) Data

Gbp-Usd
H: 1.9827
L: 1.9648
C: 1.9769

I use the above HLC data to calculate today’s pivot point using forex pivot point calculator. If you are curious what the HLC data is all about, please read this pivot lines article.