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Forex Market Outlook on Majors

Tue, Feb 24 2009, 11:41 GMT

AceTrader  |  View company's profile


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Intraday trading signal by AceTrader - GBP/USD

Rate: 1.4535

Updating time : 24 Feb 2009 11:41 GMT

Failure to penetrate res at 1.4580 n current
retreat suggest further consolidation below there
is in store n although weakness to 1.4510 cannot be
ruled out, reckon sup at 1.4471 wud hold n yield
another rebound later.

Abv said res wud revive bullishness n confirm
low has been formed at 1.4451, 1.4620/25...

Range Forecast 
1.4520 / 1.4560 

Resistance/Support
R: 1.4580/1.4627/1.4663
S: 1.4471/1.4451/1.4399

Published on  Tue, Feb 24 2009, 11:44 GMT


Trendsetter Financial Markets Ltd. | Room 1309 - 1311, 13/F., Tai Yau Building, No. 181 Johnston Road, Wan Chai, Hong Kong.
http://www.AceTraderFX.com | cs@acetrader.com

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