INTRA-DAY GBP/USD OUTLOOK: +1.3919+

Updating time : 21 Jan 2009 06:29 GMT

Failure to extend intra-day rebound n current
retreat signal recovery fm 1.3815 has ended at 1.40
25 n downside bias is seen for weakness to 1.3875
but break of said sup is needed to confirm decline
has resumed to 1.3770.

Turn short with stop as indicated, break wud
risk another bounce to 1.3990/00...

Range Forecast

+1.3895 / 1.3935+

Resistance/Support

R: 1.4025/1.4053/1.4132
S: 1.3895/1.3862/1.3815