INTRA-DAY GBP/USD OUTLOOK: +1.4579+

Updating time : 06 Jan 2009 07:08 GMT

Current retreat signals recovery fm 1.4568 has
ended n erratic decline fm 1.4740 shud resume for
weakness to 1.4530/35, however, reckon downside wud
be ltd to 1.4500 n 1.4475 wud hold, yield a rebound
later today.

Sell with stop as indicated, break wud risk
1.4651, abv wud confirm low is in place...

Range Forecast
+1.4550 / 1.4590+

Resistance/Support

R: 1.4651/1.4740/1.4831
S: 1.4551/1.4475/1.4428