acetraderfx
03-12-2010, 02:57 AM
INTRA-DAY GBP/USD: 1.5093
Last Update At 12 Mar 2010 08:19 GMT
Cable's strg rebound after finding renewed
buying at 1.5027 suggests upmove fm 1.4873 may
extend marginal gain to 1.5112, however, loss of
nr term upward momentum shud cap price at 1.5135 n
yield retreat later.
Below 1.5050/55 wud bring weakness to 1.5027.
Suggest to stand aside in the meantime...
Range Forecast
1.5070 / 1.5112
Resistance/Support
R: 1.5112/1.5169/1.5211
S: 1.5027/1.4993/1.4947
http://www.acetraderfx.com
Last Update At 12 Mar 2010 08:19 GMT
Cable's strg rebound after finding renewed
buying at 1.5027 suggests upmove fm 1.4873 may
extend marginal gain to 1.5112, however, loss of
nr term upward momentum shud cap price at 1.5135 n
yield retreat later.
Below 1.5050/55 wud bring weakness to 1.5027.
Suggest to stand aside in the meantime...
Range Forecast
1.5070 / 1.5112
Resistance/Support
R: 1.5112/1.5169/1.5211
S: 1.5027/1.4993/1.4947
http://www.acetraderfx.com