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INTRA-DAY GBP/USD OUTLOOK - 1.9069
Updating time :09 Nov 2006 08:09 GMT
Although cable's anticipated breach of 1.9070
suggests correction fm 1.9124 has possibly ended
y'day at 1.9008 n further gain twds 1.9098 cannot
be ruled out, near term o/bot condition is likely
to cap upside below said res n yield retreat later.
Wud not chase this move n stand aside. Only be-
low 1.9028 (Asian low) risks re-test of 1.9008...
Range Forecast
1.9055 / 1.9085
Resistance/Support
R: 1.9098/1.9124/1.9146
S: 1.9028/1.9008/1.8977
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