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, current price action suggests as long as 2.0710/
15 holds, upside risk remains for recent upmove to
extend marginally twds 2.0775/80 but reckon 2.0800
wud hold in Asia.
In view of this, exit short n stand aside. Only
below said sup signals top possibly made, 2.0699...
Range Forecast
2.0730 / 2.0760
Resistance/Support
R: 2.0765/2.0800/2.0845
S: 2.0699/2.0642/2.0616
INTRA-DAY GBP/USD OUTLOOK: 2.0740
Updating time :23 Nov 2007 02:57 GMT
Despite intra-day anticipated retreat fm 2.0765, current price action suggests as long as 2.0710/
15 holds, upside risk remains for recent upmove to
extend marginally twds 2.0775/80 but reckon 2.0800
wud hold in Asia.
In view of this, exit short n stand aside. Only
below said sup signals top possibly made, 2.0699...
Range Forecast
2.0730 / 2.0760
Resistance/Support
R: 2.0765/2.0800/2.0845
S: 2.0699/2.0642/2.0616
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