INTRA-DAY GBP/USD:

Last Update At 23 Oct 2009 10:02 GMT

Rate : +1.6445+

Cable has remained under pressure after early
release of weaker-than-expected U.K. GBP data, sug
gests decline fm 1.6694 to retrace entire erratic
upmove fm 1.5708 is under way n below 1.6388 wud
bring further weakness to 1.6340 later.

Sell again on recovery with stop as indicated,
break wud risk gain to 1.6520/30 b4 down...

Range Forecast
+1.6425 / 1.6465+

Resistance/Support

R: 1.6487/1.6532/1.6620
S: 1.6388/1.6340/1.6240