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Forex Market Outlook on Majors

Tue, Apr 7 2009, 08:11 GMT

AceTrader  |  View company's profile


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Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 07 Apr 2009 07:59 GMT

Rate: +1.4725+

Although cable's intra-day brief but strg
rebound fm 1.4638 to 1.4747 signals y'day's decline
fm 1.4960 has formed a temp. low there, present
retreat suggests an intra-day top has possibly been
made n consolidation with downside bias is seen.

Sell on recovery with stop as indicated n only
abv 1.4776 wud risk stronger retrace. to 1.4800...

Range Forecast
1.4695 / 1.4735

Resistance/Support

R: 1.4747/1.4776/1.4847
S: 1.4675/1.4638/1.4598


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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