INTRA-DAY GBP/USD:

Last Update At 17 Sep 2009 05:54 GMT

Rate : 1.6521

Cable's rebound after finding renewed buying
at 1.6468 in Asian morning suggests consolidation
with upside bias remains n gain twds y'day's high
of 1.6535 is seen but break needed to extend near
term rise fm 1.6403 to 1.6553/60.

Below 1.6482/85 wud prolong choppy trading n
may bring another drop to 1.6468 n 1.6431/35...

Range Forecast
1.6495 / 1.6535

Resistance/Support

R: 1.6535/1.6553/1.6591
S: 1.6468/1.6431/1.6403