INTRA-DAY GBP/USD:

Last Update At 20 Oct 2009 23:06 GMT

Rate : 1.6386

Although cable has recovered after holding abv
o/n NY low at 1.6329, as y'day's selloff fm 1.6490
suggests recent upmove has formed a temp. top, rec-
kon 1.6420/25 wud limit upside n yield another fall
to 1.6360/70 n then re-test of said sup.

Sell on further rise with stop as indicated n
only abv 1.6460/65 wud abort daily bearishness.

Range Forecast
1.6370 / 1.6405

Resistance/Support

R: 1.6420/1.6447/1.6490
S: 1.6374/1.6329/1.6281