INTRA-DAY GBP/USD: 1.5160

Last Update At 19 Mar 2010 09:43 GMT

Although cable has recovered after intra-day
cross-inspired selloff to 1.5128 n sideways trading
wud be seen, reckon 1.5175 shud cap upside n yield
resumption fo decline fm this week's high of 1.5382
for re-test of said sup, below extends to 1.5082.

Sell on pullback with stop as indicated, break
wud risk stronger gain to 1.5217/20...


Range Forecast
1.5128 / 1.5175


Resistance/Support

R: 1.5217/1.5256/1.5278
S: 1.5128/1.5082/1.5011