INTRA-DAY GBP/USD OUTLOOK: 1.3722

Updating time : 26 Jan 2009 08:22 GMT

Cable's breach of minor res at 1.3680 indicates
the choppy trading abv last week's low at 1.3500
wud continue n mild upside bias is seen for gain to
1.3750/60, however, only abv 1.3820 wud signal cor-
rection of recent decline is under way.

Below 1.3630/35 wud yield retreat to 1.3590/00
but 1.3548 sup shud hold. Stand aside...

Range Forecast
1.3690 / 1.3740

Resistance/Support

R: 1.3794/1.3820.1.3914
S: 1.3680/1.3635/1.3548