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INTRA-DAY GBP/USD OUTLOOK - 1.9076
Updating time :01 Nov 2006 04:31 GMT
Cable's sideways trading below y'day's high at
1.9100 is likely to continue n as long as 1.9043
(prev. res) holds, recent upmove shud resume for a
re-test of said res, abv wud extend to 1.9120/25
but loss of momentum shud cap upside below 1.9146.
Buy dips with stop as indicated, below signals
temp. top is made n risks weakness to 1.8990/95...
Range Forecast
1.9065 / 1.9085
Resistance/Support
R: 1.9100/1.9146/1.9182
S: 1.9043/1.9029/1.8989
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