INTRA-DAY GBP/USD: 1.5003

Last Update At 11 Mar 2010 09:54 GMT

Current rebound after the release of U.K.
inflation survey suggests the rise fm y'day's low
of 1.4873 to retrace fall fm this week's high of
1.5197 has resumed n further gain to 1.5030/35 is
likely, however, 1.5087 wud cap upside.

For st trade, buy at market with stop as indica
ted n only below 1.4947 aborts nr term bullishness.


Range Forecast
1.4990 / 1.5017


Resistance/Support

R: 1.5017/1.5031/1.5087
S: 1.4947/1.4928/1.4900