Intraday trading signal by AceTrader - GBP/USD

Rate: 1.4220

Updating time : 06 Mar 2009 09:42 GMT

Although cable has retreated after intra-day
rally to 1.4290 n retrace. to 1.4200/05 cannot be
ruled out, reckon 1.4180/85 wud contain pullback n
yield resumption of erratic upmove fm 1.3958, break
of said res wud extend to 1.4320/30.

Buy dips with stop as indicated, break wud risk
weakness to 1.4150/55 b4 up...

Range Forecast
1.4205 / 1.4245

Resistance/Support

R: 1.4290/1.4365/1.4385
S: 1.4189/1.4160/1.4108