Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 30 Mar 2009 04:15 GMT

Rate: 1.4221

Cable's firm breach of 1.4221/28 signals the
decline fm 1.4780 (last week's top) has resumed n
further weakness to 1.4190/00 is seen but reckon
1.4157 wud limit downside due to near term loss of
momentum, yield corrective rebound later.

Sell on recovery with stop as indicated, abv
wud suggest intra-day low is made n risk 1.4300/10.

Range Forecast
1.4210 / 1.4250

Resistance/Support
R: 1.4253/1.4295/1.4337
S: 1.4201/1.4157/1.4072