INTRA-DAY GBP/USD: 1.5252

Last Update At 19 Mar 2010 02:55 GMT

Although cable has traded narrowly in Asia after
staging a brief rebound fm 1.5217 to 1.5278 in NY
session, as the said recovery suggests erratic fall
fm this week's high at 1.5382 has made a temp. low,
upside bias is seen for retracement to 1.5285/90.

For st trade, buy cable on dips for 1.5285, stop
below said sup n sell on upmove for day trade.


Range Forecast
1.5230 / 1.5260


Resistance/Support
R: 1.5280/1.5329/1.5382
S: 1.5210/1.5173/1.5152