AceTrader 1-wk TRIAL
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Intraday Forex Signal by AceTrader - GBP/USD
Updating time : 21 Apr 2009 07:01 GMT
Rate: 1.4492
Despite cable's brief drop to around 1.4478 at
European opening, subsequent rebound after holding
abv 1.4467 suggests further choppy sideways trading
wud be seen n another bounce to 1.4540/45 cannot be
ruled out, however, res at 1.4575 shud cap upside.
Wud be prudent to exit short n look to sell
again on recovery. Below 1.4467 extends to 1.4431..
Range Forecast
1.4480 / 1.4520
Resistance/Support
R: 1.4590/1.4658/1.4706
S: 1.4467/1.4431/1.4400
Updating time : 21 Apr 2009 07:01 GMT
Rate: 1.4492
Despite cable's brief drop to around 1.4478 at
European opening, subsequent rebound after holding
abv 1.4467 suggests further choppy sideways trading
wud be seen n another bounce to 1.4540/45 cannot be
ruled out, however, res at 1.4575 shud cap upside.
Wud be prudent to exit short n look to sell
again on recovery. Below 1.4467 extends to 1.4431..
Range Forecast
1.4480 / 1.4520
Resistance/Support
R: 1.4590/1.4658/1.4706
S: 1.4467/1.4431/1.4400
