INTRA-DAY GBP/USD:

Last Update At 10 Sep 2009 02:21 GMT

Rate : 1.6540

Despite y'day's marginal rise to 1.6592, subse
quent retreat to 1.6525 suggests consolidation with
mild downside bias wud be seen until European open-
ing n below 1.6525 may bring retrace. to 1.6482/88,
however, sup at 1.6455 shud remain intact.

Abv 1.6566/70 wud signal erratic upmove fm 1.61
13 has resumed for re-test of 1.6592 n then 1.6625.

Range Forecast
1.6525 / 1.6566

Resistance/Support

R: 1.6592/1.6625/1.6670
S: 1.6525/1.6482/1.6455