Intraday trading signal by AceTrader - GBP/USD

Rate: 1.4535

Updating time : 24 Feb 2009 11:41 GMT

Failure to penetrate res at 1.4580 n current
retreat suggest further consolidation below there
is in store n although weakness to 1.4510 cannot be
ruled out, reckon sup at 1.4471 wud hold n yield
another rebound later.

Abv said res wud revive bullishness n confirm
low has been formed at 1.4451, 1.4620/25...

Range Forecast
 
1.4520 / 1.4560 

Resistance/Support
R: 1.4580/1.4627/1.4663
S: 1.4471/1.4451/1.4399