Intraday Forex Signal by AceTrader - GBP/USD

Rate: 1.4024

Updating time : 16 Mar 2009 04:23 GMT

Cable's strg rebound fm 1.3895 (Aust.) suggests
the retreat fm Friday's high at 1.4071 has ended
there n consolidation with upside bias is seen for
gain to 1.4050/55 but abv said res is needed to
extend erratic rise fm 1.3655 to 1.4100/10 later.

Stand aside n look to buy for day trade as only
below 1.3925/30 risks possible re-test of 1.3895...

Range Forecast
1.4000 / 1.4035

Resistance/Support

R: 1.4071/1.4137/1.4183
S: 1.3970/1.3895/1.3865