Intraday Forex Signal by AceTrader - GBP/USD

Updating time
: 27 Apr 2009 17:33 GMT

Rate:  1.4655

As cable has retreated after rallying to 1.4595,
suggesting consolidaiton with downside bias is
seen for weakness twd 1.4625/30, however, below is
needed to signal intra-day top has been formed n
yield fall twd 1.4590/00.

Sell on recovery with stop as indicated, abv wud
extend nr term rise fm 1.4515 twd 1.4740/50...

Range Forecast
1.4625 / 1.4665
 

Resistance/Support

R: 1.4695/1.4774/1.4838
S: 1.4629/1.4579/1.4555