INTRA-DAY GBP/USD:

Last Update At 16 Sep 2009 06:11 GMT

Rate : 1.6467

Despite cable's brief but strg retreat fm 1.6515
to 1.6431, subsequent rebound after holding abv yes
terday's low of 1.6403 on renewed dlr's weakness
elsewhere suggests choppy trading wud continue n
another bounce to 1.6515 can't be ruled out.

Wud be prudent to stand aside. Below 1.6431
wud signal fall fm 1.6742 has resumed, 1.6403...

Range Forecast
1.6431 / 1.6480

Resistance/Support

R: 1.6515/1.6591/1.6661
S: 1.6431/1.6403/1.6364