INTRA-DAY GBP/USD:

Last Update At 11 May 2009 17:17 GMT

Rate : 1.5145

Cable's recovery after early cross-inspired fall
fm 1.5280 to 1.5069 suggests choppy trading is seen
in thin U.S. session n marginal gain can't be ruled
out but reckon 1.5193 (prev. sup, now res) wud
limit upside n yield retreat later.

Stand aside n look to sell on pullback for day
trade. Below 1.5100, recovery is over, 1.5069...

Range Forecast
1.5125 / 1.5175

Resistance/Support
R: 1.5193/1.5223/1.5280
S: 1.5069/1.5044/1.5000