AceTrader 1-wk TRIAL
www.AceTraderFX.com 24-Hr Real-time Signals Consistent Performance Intra-day, Daily, Weekly. with Email Alerts Function Try 1-week for $25 USDINTRA-DAY GBP/USD:
Last Update At 09 Oct 2009 00:29 GMT
Rate : 1.6029
Despite cable's brief rise to 1.6121, subsequentretreat after faltering below 1.6127 res suggests
nr term rise fm 1.5858 has possibly formed a top
there n consolidation with downside bias is seen
for weakness to 1.6013 n then 1.5973.
Wud be prudent to exit short on current fall n
look to sell again on recovery as 1.6127 wud hold..
Range Forecast
1.6013 / 1.6050
Resistance/Support
R: 1.6127/1.6169/1.6210
S: 1.6013/1.5973/1.5932
