DAILY GBP/USD OUTLOOK - 1.679421 Apr 2014 23:38GMT
Despite last week's rally abv Feb's 1.6823 top n
then to a 4-1/2 year peak at 1.6842 last Thu, subse
quent retreat to 1.6771 on Fri due to dlr's broad-
based strength signals temporary high is 'possibly'
made, below 1.6771 confirms, 1.6749, 1.6715/20.
Hold short for 1.6745 1st n only abv 1.6819 may
risk re-test of 1.6842, break, 1.6879 b4 down.
STRATEGY : Hold short
POSITION : Short at 1.6815
OBJECTIVE : 1.6745
STOP-LOSS : 1.6825
RES : 1.6819/1.6842/1.6879
SUP : 1.6771/1.6749/1.6713
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