INTRA-DAY GBP/USD OUTLOOK: 1.4355

Updating time : 11 Feb 2009 12:00 GMT

As cable has retreated after meeting renewed
selling around 1.4427/30, suggesting as long as
this lvl holds, bearishness remains for decline fm
1.4986 top to resume after consolidation, break of
1.4338 sup wud confirm n extend to 1.4300/10.

Sell again on recovery with stop as indicated,
abv wud signal temp. low is made, 1.4470/75...

Range Forecast
1.4365 / 1.4410

Resistance/Support

R: 1.4485/1.4568/1.4635
S: 1.4323/1.4298/1.4250