Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 21 Apr 2009 16:44 GMT

Rate:  1.4692

Although cable has continued to trade with a
firm undertone n intra-day rally fm 1.4667 may
extend marginally abv 1.4708, this move is viewed
as a retrace. of recent decline n reckon 1.4755 res
wud cap upside n bring retreat later.

Below 1.4645/50 wud yield pullback twd 1.4608
but 1.4564 shud hold. Stand aside for now...
Range Forecast
1.4670 / 1.4705

Resistance/Support

R: 1.4708/1.4756/1.4815
S: 1.4645/1.4608/1.4564