acetraderfx
03-23-2010, 01:37 AM
INTRA-DAY GBP/USD: 1.5082
Last Update At 23 Mar 2010 04:39 GMT
Cable has finally eased after extending y'day's
rally fm 1.4929 to 1.5112, as this strg rebound con
firms fall fm last week's high of 1.5382 has made a
temp. low, consolidation with mild upside bias is
seen for recovery to 1.5125/30 but 1.5164 wud hold.
For st trade, buy for 1.5110 n if price rises to
1.5135, sell for subsequent pullback to 1.5085.
Range Forecast
1.5065 / 1.5100
Resistance/Support
R: 1.5112/1.5128/1.5164
S: 1.5042/1.5013/1.4973
Last Update At 23 Mar 2010 04:39 GMT
Cable has finally eased after extending y'day's
rally fm 1.4929 to 1.5112, as this strg rebound con
firms fall fm last week's high of 1.5382 has made a
temp. low, consolidation with mild upside bias is
seen for recovery to 1.5125/30 but 1.5164 wud hold.
For st trade, buy for 1.5110 n if price rises to
1.5135, sell for subsequent pullback to 1.5085.
Range Forecast
1.5065 / 1.5100
Resistance/Support
R: 1.5112/1.5128/1.5164
S: 1.5042/1.5013/1.4973