INTRA-DAY GBP/USD OUTLOOK:       1.4943

Updating time :17 Nov 2008 04:23 GMT


Despite cable's brief fall to 1.4900, failure
to penetrate this sup n subsequent bounce suggest
consolidation abv there wud be seen with mild up-
side bias for gain to 1.4980, however, only break
of 1.5055 wud signal upmove has resumed, 1.5093.

Below 1.4900 wud yield another corrective fall
to 1.4860/70 b4 up. Stand aside for now...

Range Forecast
+1.4940 / 1.4980+

Resistance/Support
R: 1.4980/1.5055/1.5093
S: 1.4900/1.4817/1.4778