acetraderfx
01-23-2009, 12:38 AM
INTRA-DAY GBP/USD OUTLOOK: 1.3763
Updating time : 23 Jan 2009 06:05 GMT
Although cable has recovered after the cross-
inspired selloff to 1.3720 (Asia), minor consolidat
ion is seen but dlr's strength vs other European
ccys shud weigh on price here n reckon 1.3790/00
wud limit upside, yield another fall later.
Incline to sell on pullback with stop as indi-
cated, abv prolongs choppy trading n risks 1.3850..
Range Forecast
1.3740 / 1.3790
Resistance/Support
R: 1.3828/1.3881/1.3914
S: 1.3720/1.3690/1.3620
Updating time : 23 Jan 2009 06:05 GMT
Although cable has recovered after the cross-
inspired selloff to 1.3720 (Asia), minor consolidat
ion is seen but dlr's strength vs other European
ccys shud weigh on price here n reckon 1.3790/00
wud limit upside, yield another fall later.
Incline to sell on pullback with stop as indi-
cated, abv prolongs choppy trading n risks 1.3850..
Range Forecast
1.3740 / 1.3790
Resistance/Support
R: 1.3828/1.3881/1.3914
S: 1.3720/1.3690/1.3620