INTRA-DAY GBP/USD:

Last Update At 13 May 2009 17:15 GMT

Rate :  1.5153

Although cable's anticipated weakness suggests
the recovery fm 1.5086 has ended at 1.5212 n
consolidation with downside bias is seen, below
1.5110/20 is needed to confirm n yield resumption
of decline fm 1.5354 to re-test said sup later.

Abv 1.5185/90 wud prolong choppy trading but res
at 1.5212 shud remain intact. Stand aside for now..

Range Forecast
1.5140 / 1.5180

Resistance/Support

R: 1.5212/1.5242/1.5354
S: 1.5086/1.5069/1.5000