INTRA-DAY GBP/USD OUTLOOK:      1.5357

Updating time :26 Nov 2008 03:29 GMT


Cable has moved lower in tandem with euro n fur
ther consolidation below y'day's high at 1.5535 wud
be seen with downside bias for retrace. of y'day's
rally to 1.5300/10 b4 prospect of a rebound later.

For st trade, sell on recovery for 1.5340 n if
price falls to 1.5310 1st, buy for 1.5370 but minor
res at 1.5420/25 shud limit gain...

Range Forecast
1.5340 / 1.5380

Resistance/Support

R: 1.5421/1.5480/1.5535
S: 1.5324/1.5282/1.5249