Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 26 Mar 2009 04:22 GMT

Rate: 1.4593

Although cable has rebounded after intra-day
retreat fm 1.4622 to around 1.4545/50, abv said res
is needed to signal the rise fm y'day's 1.4515 low
has resumed n extend gain to 1.4660/70, otherwise,
further choppy trading is likely.

A firm break below 1.4539 wud indicate decline
fm 1.4780 top has resumed, 1.4515 n then 1.4470/80.

Range Forecast
1.4570 / 1.4610

Resistance/Support

R: 1.4622/1.4668/1.4732
S: 1.4539/1.4515/1.4450