INTRA-DAY GBP/USD: 1.5008

Last Update At 22 Mar 2010 09:00 GMT

Despite cable's resumption of recent decline to
1.4929 in Asia, current rebound suggests an intra-
day low has possibly been made n consolidation with
mild upside bias wud be seen for gain to 1.4995/00
n possibly twds 1.5017 but 1.5034 res wud hold.

Buy at 1.4945 for gain to 1.4995 or if cable
rises to 1.5015 1st, sell for weakness to 1.4965...


Range Forecast
1.4985 / 1.5025

Resistance/Support
R: 1.5017/1.5035/1.5073
S: 1.4921/1.4900/1.4873