INTRA-DAY GBP/USD:

Last Update At 06 May 2009 16:55 GMT

Rate : 1.5088

Cable's rebound after holding abv 1.4990 sup
suggests further choppy trading is seen n gain twd
1.5080/90 cannot be ruled out, however, temp. top
has been formed at 1.5163 y'day n reckon res at
1.5122 wud hold n yield retreat.

Below 1.4990 wud bring stronger retracement of
recent upmove twd 1.4945/50. Stand aside for now...

Range Forecast

1.5070 / 1.5100

Resistance/Support

R: 1.5122/1.5163/1.5200
S: 1.4990/1.4949/1.4915