INTRA-DAY GBP/USD: 1.5432

Last Update At 06 Sep 2010 08:32 GMT

Present anticipated retreat suggests recovery
fm 1.5350 has possibly ended at 1.5490 n choppy con
solidation inside 1.5327-1.5492 broad range wud con
tinue with downside bias n below 1.5423 wud bring
weakness twds 1.5392.

Sell again on minor recovery with stop as indi
cated, break defers but 1.5490/92 res wud hold.

Range Forecast
1.5423 / 1.5445

Resistance/Support

R: 1.5492/1.5515/1.5554
S: 1.5423/1.5392/1.5350