INTRA-DAY GBP/USD:

Last Update At 31 Aug 2009 06:23 GMT

Rate : +1.6208+

As cable has fallen after meeting renewed sell
ing at 1.6301, suggesting consolidation with down-
side bias remains n weakness twds 1.6200 is likely
but below needed to confirm correction fm last wk's
low of 1.6153 has ended at 1.6382, 1.6170/80 1st.

Sell on pullback with stop as indicated n only
abv 1.6301/06 risks stronger gain to 1.6337/45...

Range Forecast
+1.6195 / 1.6230+

Resistance/Support
R: 1.6237/1.6254/1.6301
S: 1.6182/1.6153/1.6100