INTRA-DAY GBP/USD:

Last Update At 08 Jul 2009 08:33 GMT

Rate :  1.6100

Present rebound after finding renewed buying at
1.6063 suggests further choppy sideways trading wud
be seen n gain to 1.6140 cannot be ruled out but
break needed to abort daily bearishness n yield
stronger retrace. to 1.6170/80.

Below 1.6063 wud signal recovery fm 1.6046 has
ended n bring resumption of decline to said sup...

Range Forecast
1.6080 / 1.6110

Resistance/Support

R: 1.6140/1.6198/1.6260
S: 1.6063/1.6046/1.6019