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to cross buying in sterling signals the decline fm
Friday's high at 2.0765 has ended at 2.0517 n conso
lidation with mild upside bias remains for gain twd
2.0680/90 but 2.0737 res shud remain itact.
Wud not chase this move here n stand aside.
Only below 2.0604 wud signal intra-day top is made.
Range Forecast
2.0640 / 2.0670
Resistance/Support
R: 2.0674/2.0737/2.0765
S: 2.0604/2.0586/2.0517
INTRA-DAY GBP/USD OUTLOOK: 2.0653
Updating time :26 Nov 2007 06:17 GMT
Cable's intra-day breach of 2.0645 in part dueto cross buying in sterling signals the decline fm
Friday's high at 2.0765 has ended at 2.0517 n conso
lidation with mild upside bias remains for gain twd
2.0680/90 but 2.0737 res shud remain itact.
Wud not chase this move here n stand aside.
Only below 2.0604 wud signal intra-day top is made.
Range Forecast
2.0640 / 2.0670
Resistance/Support
R: 2.0674/2.0737/2.0765
S: 2.0604/2.0586/2.0517
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