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INTRA-DAY GBP/USD OUTLOOK - +1.9035+

Updating time :
13 Nov 2006 23:55 GMT

As 1.8998 has contained y'day's cross-inspired
selloff, further consolidation abv there is seen in
Asia b4 decline fm 1.9180 to retrace recent upmove
resumes n below said sup wud extend weakness twds
1.8976 b4 rebound due to nr term loss of momentum.

Sell on recovery with stop as indicated, abv de
fers bearishness but 1.9091 (prev. sup) shud hold..

Range Forecast

+1.9020 / 1.9045+

Resistance/Support
R: 1.9055/1.9091/1.9127
S: 1.8998/1.8976/1.8949

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