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to 2.0566, suggesting consolidation below there wud
be seen in Asia, however, downside shud be ltd to
2.0495/00 n bullishness remains for Friday's upmove
fm 2.0352 to extend twds 2.0590/00 later.
Buy dips with stop as indicated, break wud risk
2.0470 but reckon 2.0450 shud contain weakness...
Range Forecast
+2.0510 / 2.0540+
Resistance/Support
R: 2.0566/2.0599/2.0620
S: 2.0528/2.0483/2.0421
INTRA-DAY GBP/USD OUTLOOK: +2.0523+
Updating time :19 Nov 2007 03:07 GMT
As cable has eased after intra-day marginal riseto 2.0566, suggesting consolidation below there wud
be seen in Asia, however, downside shud be ltd to
2.0495/00 n bullishness remains for Friday's upmove
fm 2.0352 to extend twds 2.0590/00 later.
Buy dips with stop as indicated, break wud risk
2.0470 but reckon 2.0450 shud contain weakness...
Range Forecast
+2.0510 / 2.0540+
Resistance/Support
R: 2.0566/2.0599/2.0620
S: 2.0528/2.0483/2.0421
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