INTRA-DAY GBP/USD:

Last Update At 04 Sep 2009 07:54 GMT

Rate : 1.6358

Although cable's breach of 1.6354 suggests the
retreat fm y'day's 1.6415 high has possibly ended
earlier at 1.6304 n further gain to 1.6380/85 can't
be ruled out, only abv said res wud confirm upmove
fm 1.6113 (this week's low) has resumed, 1.6445/50.

Below 1.6320/25 wud prolong consolidation n
bring another fall to 1.6304. Stand aside for now.

Range Forecast
 1.6340 / 1.6375

Resistance/Support

R: 1.6376/1.6415/1.6446
S: 1.6322/1.6300/1.6261