INTRA-DAY GBP/USD OUTLOOK: 1.4538

Updating time : 02 Jan 2009 08:14 GMT

Despite intra-day selloff to 1.4500, current
rebound suggests minor consolidation abv said res
is in store n retrace. to 1.4590 cannot be ruled
out, however, reckon 1.4615 (prev. sup) wud hold n
yield another decline.

Exit short n sell again on further rise with
stop as indicated. Below said sup, 1.4470 1st...

Range Forecast
1.4530 / 1.4580

Resistance/Support

R: 1.4593/1.4615/1.4767
S: 1.4500/1.4472/1.4400