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Intraday trading signal by AceTrader - GBP/USD
Rate: 1.4277
Updating time : 19 Feb 2009 02:37 GMT
Although cable has moved higher in tandem with
euro n the rise fm y'day's low at 1.4092 may extend
to 1.4300 (y'day's high in Europe), a firm breach
of this lvl is needed to bring retrace. of recent
decline to 1.4340/50 later.
Stand aside n look to buy on dips as only below
1.4205/10 wud risk pullback to 1.4176...
Range Forecast
1.4255 / 1.4295
Resistance/Support
R: 1.4300/1.4348/1.4409
S: 1.4206/1.4176/1.4153
Rate: 1.4277
Updating time : 19 Feb 2009 02:37 GMT
Although cable has moved higher in tandem with
euro n the rise fm y'day's low at 1.4092 may extend
to 1.4300 (y'day's high in Europe), a firm breach
of this lvl is needed to bring retrace. of recent
decline to 1.4340/50 later.
Stand aside n look to buy on dips as only below
1.4205/10 wud risk pullback to 1.4176...
Range Forecast
1.4255 / 1.4295
Resistance/Support
R: 1.4300/1.4348/1.4409
S: 1.4206/1.4176/1.4153
