INTRA-DAY GBP/USD: 1.4951

Last Update At 11 Mar 2010 03:17 GMT

Although y'day's bounce fm 1.4873 to 1.5093 (NY)
confirms decline fm Monday's 1.5197 high has made a
temp. low there, intra-day weakness suggests furth-
er sideways trading is likely b4 prospect of ano-
ther corrective rise twd 1.5017 later.

Exit long n buy again on marginal decline with
stop as indicated but 1.4873 shud hold today.



Range Forecast
1.4940 / 1.4970


Resistance/Support

R: 1.4993/1.5017/1.5031
S: 1.4928/1.4900/1.4873