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INTRA-DAY GBP/USD OUTLOOK:        2.0800

Updating time : 01 Nov 2007 06:08 GMT

As renewed buying interest at 2.0777 has lifted
cable, suggesting the pullback fm y'day's top at
2.0825 has possibly ended n re-test of this res is
seen, however, abv is needed to confirm uptrend has
once again resumed n extend gain to 2.0840/50.

Buy on dips with stop as indicated n only below
2.0747 wud risk correction twds 2.0700/10 b4 up...

Range Forecast

2.0785 / 2.0810

Resistance/Support

R: 2.0825/2.0873/2.0900
S: 2.0777/2.0747/2.0689

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