---------------------------------------------------------

INTRA-DAY GBP/USD OUTLOOK:           2.0590

Updating time :15 Nov 2007 06:27 GMT

Although cable has risen after brief pullback n
nr term upside bias remains for retrace. of y'day's
selloff, reckon 2.0620/25 wud cap recovery fm 2.05
05 temp. low n yield another fall later.

Only below 2.0550/55 wud signal top is made n
bring weakness to 2.0530/35 but break of 2.0505 sup
is needed to confirm recent decline has resumed...

Range Forecast

+2.0585 / 2.0615+

Resistance/Support

R: 2.0645/2.0715/2.0735
S: 2.0555/2.0505/2.0481

---------------------------------------------------