INTRA-DAY GBP/USD:

Last Update At 30 Sep 2009 08:58 GMT

Rate : 1.6090

As cable has penetrated 1.6087 in line with the
dlr's broad-based weakness, suggesting the rise fm
this week's low at 1.5770 to retrace recent decline
wud extend to 1.6110/20 n possibly 1.6150.

Raise long entry with stop as indicated, below
wud risk pullback to 1.6010 but 1.5990 (prev. res)
shud hold.

Range Forecast
1.6070 / 1.6105

Resistance/Support

R: 1.6113/1.6134/1.6169
S: 1.6035/1.5990/1.5953