INTRA-DAY GBP/USD:

Last Update At 10 Nov 2009 03:35 GMT

Despite intra-day retreat fm 1.6789 to 1.6736,
subsequent rebound suggests as long as said sup
holds, consolidation with upside bias is seen for
gain twd 1.6789 n break wud indicate correction fm
y'day's 1.6844 high has ended at 1.6707, 1.6810/20.

Buy at market with stop as indicated, below wud
prolong choppy trading n risk weakness to 1.6715/20

Range Forecast
1.6745 / 1.6775

Resistance/Support

R: 1.6789/1.6817/1.6844
S: 1.6736/1.6707/1.6694