INTRA-DAY GBP/USD:

Last Update At 02 Sep 2009 07:53 GMT

Rate : 1.6129

Cable's anticipated cross-inspired selloff fm
1.6193 signals correction fm y'day's low at 1.6113
has ended n a breach of said sup wud extend recent
decline to daily obj. at 1.6090, however, 'loss of
momentum' has increased risk of a rebound later.

Reinstate short on recovery with stop as indica
ted, abv wud yield possible re-test of 1.6193.

Range Forecast
1.6113 / 1.6145

Resistance/Support

R: 1.6193/1.6205/1.6267
S: 1.6113/1.6090/1.6033