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INTRA-DAY GBP/USD OUTLOOK - +1.9637+
Updating time : 02 Jan 2007 00:01 GMT
Although cable has risen after finding buyinginterest at 1.9600 (Aust.) n further gain to 1.9660
/65 cannot be ruled out, if our broad consolidative
outlook is correct, then res at 1.9680 shud limit
upside n yield retreat later.
Venture short on further rise, stop as indica-
ted n exit on subsequent fall as 1.9600 shud hold..
Range Forecast
+1.9635 / 1.9660+
Resistance/Support
R: 1.9680/1.9698/1.9749
S: 1.9600/1.9568/1.9516
