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INTRA-DAY GBP/USD OUTLOOK - +1.9047+

Updating time :
02 Nov 2006 06:59 GMT

As cable has fallen after meeting renewed sell-
ing suggesting erratic decline fm y'day's high at
1.9137 to retrace recent upmove wud extend twd 1.90
20/30, however, reckon 1.9000 wud limit weakness
due to o/sold condition.

Hold short with stop as indicated n only abv
1.9090 (Aust.) wud signal intra-day low is in place

Range Forecast

+1.9040 / 1.9065+

Resistance/Support

R: 1.9090/1.9122/1.9146
S: 1.9043/1.9029/1.8989

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