INTRA-DAY GBP/USD:

Last Update At 30 Jul 2009 07:20 GMT

Rate : 1.6486

Cable's intra-day breach of 1.6468/70 in part
due to cross buying esp. vs yen n euro suggests the
erratic decline fm 1.6587 has ended earlier at 1.63
38 (Aust.), yield further gain to 1.6520/30 but
only abv 1.6558 wud bring re-test of 1.6587.

Below 1.6445/50 signals intra-day top is possi-
bly made n bring weakness to 1.6405. Stand aside.

Range Forecast
1.6460 / 1.6500

Resistance/Support

R: 1.6505/1.6525/1.6558
S: 1.6405/1.6367/1.6338