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Forex Market Outlook on Majors
Fri, Mar 14 2008, 06:13 GMT
by AceTrader Team
AceTrader
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INTRA-DAY GBP/USD OUTLOOK: 2.0330
Updating time :14 Mar 2008 06:06 GMT
Despite intra-day breach of 2.0337, cable's sub
sequent retreat fm 2.0359 suggests further consoli-
dation below y'day's high at 2.0390 is in store n
risk is seen for pullback twds 2.0281/91, however,
prev. sup at 2.0252 shud contain downside.
Exit long n stand aside. Abv 2.0359 wud revive
near term bullishness for re-test of 2.0390...
Range Forecast2.0315 / 2.0345
Resistance/Support
R: 2.0359/2.0390/2.0465
S: 2.0281/2.0252/2.0221
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Published on
Fri, Mar 14 2008, 06:15 GMT
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