Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 24 Mar 2009 07:44 GMT

Rate: 1.4640

Cable's retreat after meeting renewed selling
at 1.4677 on dlr's broad-based strength suggests
consolidation with mild downside bias remains n
below 1.4621 may bring a retrace. of recent upmove
to 1.4586 (prev. res, now sup) but 1.4550 wud hold.

Abv 1.4677 wud bring gain to 1.4700, however,
res at 1.4738 shud hold fm here. Stand aside...

Range Forecast

1.4620 / 1.4660

Resistance/Support
R: 1.4677/1.4738/1.4772
S: 1.4586/1.4550/1.4516