Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 22 Apr 2009 16:57 GMT

Rate:  1.4485

Cable's rebound after intra-day selloff to 1.43
97 suggests consolidation abv there is in store n
retrace. to 1.4545/50 cannot be ruled out, however,
reckon 1.4590 wud hold n yield another decline
later today.

Below 1.4465/70 wud bring weakness to 1.4450
but said sup shud remain intact. Stand aside...

Range Forecast
1.4450 / 1.4500

Resistance/Support
R: 1.4559/1.4590/1.4674
S: 1.4467/1.4397/1.4397