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INTRA-DAY GBP/USD OUTLOOK - 1.9123

Updating time :
13 Nov 2006 07:41 GMT

Despite intra-day rebound fm 1.9091 to 1.9153,
current retreat suggests further consolidation be-
low Friday's 1.9180 high wud be seen n weakness twd
said sup cannot be ruled out, however, reckon 1.90
73 wud limit downside.

Only abv 1.9153 wud revive bullishness for re-
cent upmove to resume, 1.9180. Stand aside for now.

Range Forecast

1.9115 / 1.9140

Resistance/Support
R: 1.9153/1.9180/1.9200
S: 1.9091/1.9073/1.9047

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