acetraderfx
03-02-2010, 12:38 AM
INTRA-DAY GBP/USD: 1.4906
Last Update At 02 Mar 2010 04:20 GMT
Cable's intra-day weakness suggests caution on
our prospect of a rebound, abv 1.4945/50 wud signal
pullback fm 1.5016 (NY) has ended n yield another
bounce to 1.4970 but reckon 1.5016 wud remain
intact in Asia n bring further choppy trading.
Hold long with stop as indicated but below sup
at 1.4881 needed to extend weakness twd 1.4851.
Range Forecast
1.4900 / 1.4930
Resistance/Support
R: 1.4948/1.5000/1.5016
S: 1.4881/1.4851/1.4781
http://www.acetraderfx.com
Last Update At 02 Mar 2010 04:20 GMT
Cable's intra-day weakness suggests caution on
our prospect of a rebound, abv 1.4945/50 wud signal
pullback fm 1.5016 (NY) has ended n yield another
bounce to 1.4970 but reckon 1.5016 wud remain
intact in Asia n bring further choppy trading.
Hold long with stop as indicated but below sup
at 1.4881 needed to extend weakness twd 1.4851.
Range Forecast
1.4900 / 1.4930
Resistance/Support
R: 1.4948/1.5000/1.5016
S: 1.4881/1.4851/1.4781
http://www.acetraderfx.com