Intraday trading signal by AceTrader - GBP/USD

Rate: 1.4199

Updating time : 05 Mar 2009 09:06 GMT

Lack of follow through buying n current retreat
fm 1.4234 suggest consolidation below there is in
store ahead of BOE rate decision n pullback to 1.41
80 cannot be ruled out, however, reckon 1.4160 wud
hold n yield another rise.

Exit long n stand aside for now. Only abv said
res wud extend erratic rise to 1.4270/80...

Range Forecast
1.4180 / 1.4220

Resistance/Support

R: 1.4289/1.4365/1.4385
S: 1.4161/1.4129/1.4100