INTRA-DAY GBP/USD:

Last Update At 09 Jul 2009 08:05 GMT

Rate :  +1.6147+

As cable has risen after finding renewed buying
1.6082, suggesting upmove fm y'day's low at 1.5983
to retrace recent decline wud extend twd 1.6180/90,
however, reckon 1.6210 wud limit upside n risk has
increased for a retreat later today.

Raise entry lvl with stop as indicated n only
below 1.6075/82 wud signal intra-day top is made.

Range Forecast
+1.6130 / 1.6165+

Resistance/Support

R: 1.6172/1.6198/1.6260
S: 1.6109/1.6075/1.6030