INTRA-DAY GBP/USD:

Last Update At 29 Sep 2009 10:06 GMT

Rate : +1.5935+

Cable's present rebound fm 1.5824 suggests an
intra-day low has been made in Europe, suggesting
further choppy trading abv y'day's 4-month low at
1.57770 wud continue, however, as long as 1.5900/03
holds, daily downside bias remains.

For st trade, turn long on dips for 1.5890 with
stop initially below said European low.

Range Forecast
+1.5910 / 1.5950+

Resistance/Support

R: 1.5903/1.5959/1.5990
S: 1.5824/1.5813/1.5770