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INTRA-DAY GBP/USD OUTLOOK:           +1.7165+

Updating time :13 Oct 2008 06:54 GMT


Although cable has eased after intra-day rally
to 1.7223 n consolidation below there wud be seen,
however, pullback shud be ltd to 1.7145/50 n yield
another rise to 1.7240/50 but reckon 1.7290/00 wud
cap upside due to nr term o/bot condition.

Buy again on dips with stop as indicated, break
wud risk correction to 1.7100/05 b4 up...

Range Forecast
+1.7160 / 1.7200+

Resistance/Support
R: 1.7223/1.7260/1.7310
S: 1.7180/1.7089/1.7041

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