INTR-DAY GBP/USD:

Last Update At 04 May 2009 16:29 GMT

Rate : 1.4965

Lack of follow-through buying n current retreat
fm 1.5010 suggest a temp. top has possibly been
made, however, below 1.4910/20 is needed to confirm
n yield retrace. of recent upmove to 1.4860/70 n
then 1.4828/35 later.
Abv said res wud extend gain twd 1.5069 instead.
As outlook is mixed, stand aside for now...

Range Forecast 
1.4950 / 1.4990

Resistance/Support 
R: 1.5010/1.5069/1.5104
S: 1.4918/1.4835/1.4751