Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 25 Mar 2009 06:41 GMT

Rate: 1.4676

As cable has rebounded after finding renewed
buying abv intra-day sup 1.4636 (Asia), suggesting
as long as this lvl holds, consolidation with mild
upside bias is seen but break of 1.4720/25 needed
to confirm correction fm 1.4780 has ended, 1.4750.

Buy dips with stop as indicated, only below 1.
4615/22 wud abort n signal top formed, 1.4585/90...

Range Forecast
1.4655 / 1.4690

Resistance/Support

R: 1.4720/1.4780/1.4836
S: 1.4636/1.4586/1.4550