Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 26 Mar 2009 15:03 GMT

Rate: 1.4499

Lack of strg follow through selling below 1.4515
n present recovery fm 1.4472 suggest risk is seen
for a bounce to 1.4530/35 n possibly twds 1.4560
but reckon 1.4580/90 shud cap upside n yield
another decline later.

Stand aside in the meantime n look to sell on
further recovery. Below 1.4472 extends to 1.4450...

Range Forecast
1.4480 / 1.4520

Resistance/Support

R: 1.4533/1.4587/1.4639
S: 1.4450/1.4395/1.4336