INTRA-DAY GBP/USD: 1.6817

Last Update At 17 Nov 2009 04:30 GMT

As cable has retreated after brief rise to 1.68
46, suggesting further consolidation below y'day's
high at 1.6879 is seen but as price action fm there
is viewed as minor correction, 1.6770/80 shud hold
n yield another rebound later.

Stand aside n look to buy for day trade as abv
1.6846 wud revive bullishness for re-test of 1.6879.

Range Forecast
+1.6810 / 1.6840+

Resistance/Support

R: 1.6846/1.6879/1.6950
S: 1.6798/1.6753/1.6670