INTRA-DAY GBP/USD:

Last Update At 21 Sep 2009 01:55 GMT

Rate : +1.6230+

Although cable fell briefly in tandem with euro
to 1.6210 in Aust., present rebound suggests recent
decline has made a temp. low there n choppy trading
with mild upside bias is seen for a recovery to 1.6
270/76 but reckon 1.6315/20 wud hold.

For st trade, turn long on dips for this move n
sell on further rise for day trade.

Range Forecast

+1.6220 / 1.6250+

Resistance/Support
R: 1.6298/1.6376/1.6403
S: 1.6210/1.6191/1.6113