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INTRA-DAY GBP/USD OUTLOOK:            1.9487


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Updating time : 13 Feb 2007 06:07 GMT

Current retreat after intra-day bounce to 1.9505
suggests correction fm y'day's 1.9438 low has possi
bly ended there n consolidation with downside bias
is seen but break of said sup is needed to confirm
decline has resumed, 1.9415 later.

Sell with stop as indicated, break risks strong-
er correction to 1.9535/40...

Range Forecast

1.9465 / 1.9495

Resistance/Support
R: 1.9518/1.9568/1.9603
S: 1.9461/1.9438/1.9415

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