INTRA-DAY GBP/USD:

Last Update At 25 May 2009 06:12 GMT

Rate :  +1.5925+

Cable's rebound after intra-day retreat fm 1.59
45 to 1.5854 suggests pullback fm Friday's high at
1.5947 has possibly ended n consolidation is seen
with upside bias but breach of said res needed to
confirm recent upmove has resumed, 1.5975/80.

Buy on dips with stop below said sup, break wud
risk stronger correction to 1.5820/25 b4 up...

Range Forecast
+1.5895 / 1.5935+

Resistance/Support
R: 1.5947/1.6000/1.6054
S: 1.5854/1.5825/1.5757