Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 31 Mar 2009 07:04 GMT

Rate: 1.4269

Failure to re-test intra-day res at 1.4340 n
current retreat suggest further consolidation is in
store n although weakness to 1.4250/55 cannot be
ruled out, break of 1.4240 is needed to confirm top
has been formed n bring fall to 1.4200/05.

Abv said res wud revive bullishness for nr term
rise fm 1.4110 (y'day's low) to extend to 1.4375...

Range Forecast
1.4250 / 1.4290

Resistance/Support

R: 1.4340/1.4359/1.4422
S: 1.4240/1.4170/1.4135