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INTRA-DAY GBP/USD OUTLOOK:              1.9895

Updating time :29 Apr 2008 02:31 GMT


Despite trading narrowly but with a soft under-
tone in Asia after y'day's rally to 1.9965, a firm
break of indicated initial sup at 1.9880/90 needed
to signal the nr term rise fm 1.9677 (Friday) has
ended n yield further weakness to 1.9840/50 later.

Stand aside for now n look to sell cable on
intra-day recovery for day trade...

Range Forecast
1.9885 / 1.9915

Resistance/Support

R: 1.9965/1.9999/2.0029
S: 1.9877/1.9855/1.9803

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