Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 20 Mar 2009 13:16 GMT

Rate: 1.4433

Cable's retreat after meeting renewed selling
below 1.4478 suggests consolidation with downside
bias wud be seen n weakness to 1.4396 is envisaged
but below is needed to confirm decline fm 1.4598 to
retrace recent upmove has resumed again, 1.4378.

Sell on recovery wtih stop as indicated, break
wud risk stronger retrace. to 1.4522...

Range Forecast
1.4390 / 1.4430

Resistance/Support
R: 1.4478/1.4522/1.4598
S: 1.4396/1.4378/1.4350