INTRA-DAY GBP/USD:

Last Update At 21 May 2009 06:36 GMT

Rate :  1.5805

Although present rebound suggests recent rise
may extend marginal gain to 1.5817, loss of upward
momentum wud prevent strg upmove abv there n price
wud capped well below at 1.5859 n yield a much-
needed minor correction later.

Sell on next rise with stop as indicated, break
wud extend marginally but 1.5900 wud remain intact.

Range Forecast

1.5770 / 1.5817

Resistance/Support
R: 1.5817/1.5859/1.5930
S: 1.5731/1.5710/1.5666