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ing the choppy trading below Friday's higha at 2.08
97 wud continue but as long as 2.0800 holds, daily
bullishness remains for a resumption of uptrend,
abv 2.0897 wud extend gain twds 2.0940/50 'later'.
Below 2.0800 wud confirm temp. top is in place n
bring correction twds 2.0763. Stand aside for now..
Range Forecast
2.0820 / 2.0850
Resistance/Support
R: 2.0897/2.0955/2.0975
S: 2.0800/2.0780/2.0755
INTRA-DAY GBP/USD OUTLOOK: 2.0833
Updating time : 05 Nov 2007 08:21 GMT
As cable has fallen in tandem with euro, suggesting the choppy trading below Friday's higha at 2.08
97 wud continue but as long as 2.0800 holds, daily
bullishness remains for a resumption of uptrend,
abv 2.0897 wud extend gain twds 2.0940/50 'later'.
Below 2.0800 wud confirm temp. top is in place n
bring correction twds 2.0763. Stand aside for now..
Range Forecast
2.0820 / 2.0850
Resistance/Support
R: 2.0897/2.0955/2.0975
S: 2.0800/2.0780/2.0755
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