Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 24 Apr 2009 09:39 GMT

Rate:  +1.4650+

Although cable has recovered fm 1.4599, early
selloff due to the release of weaker-than-expected
U.K. GDP data suggests downside bias remains n
below 1.4599 wud extend weakness to 1.4558/60 but
sup at 1.4508 shud remain intact.

Sell on recovery with stop as indicated, break
signal an intra-day low is made, 1.4715...

Range Forecast

+1.4600 / 1.4650+

Resistance/Support
R: 1.4687/1.4745/1.4815
S: 1.4599/1.4558/1.4508