INTRA-DAY GBP/USD:

Last Update At 08 Jun 2009 15:45 GMT

Rate :  1.5960

Although cable's cross-inspired rebound to
1.6000 signals fall fm 1.6664 has formed a temp.
low at 1.5803 today, subsequent retreat suggests
consolidation with mild downside bias is seen but
breach of 1.5896 needed to bring fall to 1.5877.




Stand aside in the meantime n hold short for
day trade. Abv 1.6000 wud extend to 1.6025/30...
Range Forecast

1.5940 / 1.5980

Resistance/Support
R: 1.5980/1.6039/1.6090
S: 1.5877/1.5803/1.5778