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Forex Market Outlook on Majors

Wed, Apr 22 2009, 17:08 GMT

AceTrader  |  View company's profile


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Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 22 Apr 2009 16:57 GMT

Rate:  1.4485

Cable's rebound after intra-day selloff to 1.43
97 suggests consolidation abv there is in store n
retrace. to 1.4545/50 cannot be ruled out, however,
reckon 1.4590 wud hold n yield another decline
later today.

Below 1.4465/70 wud bring weakness to 1.4450
but said sup shud remain intact. Stand aside...

Range Forecast
1.4450 / 1.4500

Resistance/Support
R: 1.4559/1.4590/1.4674
S: 1.4467/1.4397/1.4397

Published on  Wed, Apr 22 2009, 17:10 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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