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INTRA-DAY GBP/USD OUTLOOK - 1.9075
Updating time :01 Nov 2006 23:30 GMT
As cable has retreated after o/n brief bounce to
1.9122, suggesting consolidation with downside bias
wud be seen for the corrective fall fm y'day's top
at 1.9137 to resume, below 1.9063 wud confirm n ex-
tend subsequent weakness to 1.9040/45.
Sell on recovery with stop as indicated, abv wud
abort n may risk re-test of 1.9137/46...
Range Forecast
1.9065 / 1.9090
Resistance/Support
R: 1.9122/1.9146/1.9182
S: 1.9063/1.9043/1.9029
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