INTRA-DAY GBP/USD:

Last Update At 06 Jul 2009 08:26 GMT

Rate :  1.6112

Although cable's cross-inspired selloff to
1.6100 suggests decline fm 1.6745 top to retrace
recent upmove has resumed n marginal weakness below
said sup cannot be ruled out, o/sold condition wud
limit downside to 1.6077 n yield rebound.

Stand aside in the meantime n look to sell
again on recovery as 1.6187 (prev. sup) wud hold..

Range Forecast
1.6100 / 1.6140

Resistance/Support

R: 1.6187/1.6259/1.6328
S: 1.6100/1.6077/1.6000