INTRA-DAY GBP/USD OUTLOOK:      1.4919

Updating time :24 Nov 2008 07:13 GMT


As cable has retreated after failing to break
res at 1.4975, suggesting intra-day choppy trading
wud continue n weakness to 1.4890 cannot be ruled
out, however, only breach of 1.4842 sup wud confirm
top is formed, 1.4800/10.

Abv said res wud extend nr term erratic rise fm
1.4702 (Friday's low) to 1.5000/10. Stand aside...

Range Forecast
1.4905 / 1.4945

Resistance/Support

R: 1.4975/1.5000/1.5061
S: 1.4890/1.4842/1.4760