Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 30 Mar 2009 14:42 GMT

Rate: 1.4190

Present stronger-than-expected rebound fm 1.4137
in part due to cross buying in sterling versus euro
suggests further choppy trading abv 1.4110 wud be
seen n another bounce to 1.4210 n possibly twd 1.42
18 cannot be ruled out but 1.4253 wud hold.

Stand aside for now n look to sell on further
recovery as 1.4295 wud remain intact...

Range Forecast
1.4160 / 1.4210

Resistance/Support
R: 1.4228/1.4253/1.4295
S: 1.4110/1.4072/1.4000