Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 06 Apr 2009 16:12 GMT

Rate: 1.4707

Cable's intra-day selloff suggests recent rise
has formed a temp. top earlier at 1.4960 n consoli-
dation with downside bias remains, however, reckon
daily 1.4650 sup shud contain weakness n yield a
rebound later.

Wud not chase current fall n look to sell on
recovery as 1.4755/60 shud cap upside...

Range Forecast
1.4690 / 1.4730

Resistance/Support
R: 1.4847/1.4882/1.4908
S: 1.4687/1.4650/1.4600