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INTRA-DAY GBP/USD OUTLOOK 1.9520

Updating time :
29 Nov 2006 04:13 GMT

Despite initial marginal gain to 1.9545, present
pullback suggests minor consolidation wud be seen,
however, reckon 1.9485 wud contain weakness n bull-
ishness remains for recent upmove to extend to 1.95
52 (04' high) but 1.9575/80 wud hold fm here.

Buy dips n exit on such rise, stop as indicated
n only below 1.9453 wud confirm top is made...

Range Forecast 
1.9505 / 1.9535

Resistance/Support
R: 1.9552/1.9600/1.9628
S: 1.9508/1.9462/1.9426
 

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