http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-11-19.htmlINTRA-DAY GBP/USD: 1.6740 Last Update At 18 Nov 2009 23:58 GMT Cable's o/n cross-inspired selloff to 1.6715 sug gests recent strg upmove has formed a top earlier at 1.6879 n a firm breach of said sup wud confirm this view, yield correction twd 1.6692/97 later. Sell on recovery for 1.6720 1st n only abv 1.68 00 wud signal intra-day low has been made, risk pos sible retracement to 1.6825/30. Range Forecast 1.6725 / 1.6760 Resistance/Support R: 1.6764/1.6797/1.6845 S: 1.6715/1.6697/1.6670Thu, 19 Nov 2009 00:50:24 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-11-19.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-11-18.v02.htmlINTRA-DAY GBP/USD: 1.6793 Last Update At 18 Nov 2009 02:32 GMT Cable's anticipated retreat fm 1.6835 (Aust.) suggests further consolidation below this week's high at 1.6879 is in store with downside bias n weakness to 1.6770 is seen but breach of 1.6755 is needed for correction of upmove to 1.6720/30. Reinstate short on recovery with stop as indica ted, abv aborts n risks possible re-test of 1.6879. Range Forecast 1.6780 / 1.6810 Resistance/Support R: 1.6835/1.6879/1.6918 S:Wed, 18 Nov 2009 03:17:25 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-11-18.v02.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-11-17.v03.htmlINTRA-DAY GBP/USD: 1.6817 Last Update At 17 Nov 2009 04:30 GMT As cable has retreated after brief rise to 1.68 46, suggesting further consolidation below y'day's high at 1.6879 is seen but as price action fm there is viewed as minor correction, 1.6770/80 shud hold n yield another rebound later. Stand aside n look to buy for day trade as abv 1.6846 wud revive bullishness for re-test of 1.6879. Range Forecast +1.6810 / 1.6840+ Resistance/Support R: 1.6846/1.6879/1.6950 S: 1.6798/1.6753/1.6670Tue, 17 Nov 2009 06:14:27 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-11-17.v03.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-11-10.htmlINTRA-DAY GBP/USD: Last Update At 10 Nov 2009 03:35 GMT Despite intra-day retreat fm 1.6789 to 1.6736, subsequent rebound suggests as long as said sup holds, consolidation with upside bias is seen for gain twd 1.6789 n break wud indicate correction fm y'day's 1.6844 high has ended at 1.6707, 1.6810/20. Buy at market with stop as indicated, below wud prolong choppy trading n risk weakness to 1.6715/20 Range Forecast 1.6745 / 1.6775 Resistance/Support R: 1.6789/1.6817/1.6844 S:Tue, 10 Nov 2009 03:55:28 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-11-10.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-11-03.htmlINTRA-DAY GBP/USD: Last Update At 03 Nov 2009 04:20 GMT Rate : 1.6378 Cable's breach of 1.6385 (Aust.) suggests price wud continue to gyrate inside near term range of 1.6328-1.6438 n weakness twd 1.6350/60 cannot be out, however, said sup shud hold n yield another rebound later. Abv 1.6420 wud bring gain to 1.6438 n 1.6460 but 1.6480 res shud remain intact. Stand aside. Range Forecast 1.6360 / 1.6390 Resistance/Support R: 1.6438/1.6480/1.6524 S: 1.6346/1.6328/1.6285Tue, 03 Nov 2009 04:30:37 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-11-03.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-28.htmlINTRA-DAY GBP/USD: Last Update At 28 Oct 2009 08:03 GMT Rate : 1.6355 Despite cable's brief bounce to 1.6386, present retreat suggests choppy trading inside near term established 1.6338-1.6406 range is seen with down- side bias but breach of 1.6311 needed to confirm recent fall has resumed for re-test of 1.6251 low Sell on marginal rise, stop abv 1.6406 n only abv said res wud abort daily bearishness on cable. Range Forecast 1.6345 / 1.6380 Resistance/Support R: 1.6406/1.6440/1.6487 S:Wed, 28 Oct 2009 08:03:56 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-28.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-23.htmlINTRA-DAY GBP/USD: Last Update At 23 Oct 2009 10:02 GMT Rate : +1.6445+ Cable has remained under pressure after early release of weaker-than-expected U.K. GBP data, sug gests decline fm 1.6694 to retrace entire erratic upmove fm 1.5708 is under way n below 1.6388 wud bring further weakness to 1.6340 later. Sell again on recovery with stop as indicated, break wud risk gain to 1.6520/30 b4 down... Range Forecast +1.6425 / 1.6465+ Resistance/Support R: 1.6487/1.6532/1.6620 S: 1.6388/1.6340/1.6240Fri, 23 Oct 2009 08:53:58 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-23.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-21.htmlINTRA-DAY GBP/USD: Last Update At 20 Oct 2009 23:06 GMT Rate : 1.6386 Although cable has recovered after holding abv o/n NY low at 1.6329, as y'day's selloff fm 1.6490 suggests recent upmove has formed a temp. top, rec- kon 1.6420/25 wud limit upside n yield another fall to 1.6360/70 n then re-test of said sup. Sell on further rise with stop as indicated n only abv 1.6460/65 wud abort daily bearishness. Range Forecast 1.6370 / 1.6405 Resistance/Support R: 1.6420/1.6447/1.6490 S:Wed, 21 Oct 2009 00:09:26 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-21.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-19.htmlINTRA-DAY GBP/USD: Last Update At 19 Oct 2009 08:23 GMT Rate : 1.6275 Despite cable's brief breach of 1.6253 (Friday's low), lack of follow through selling n present rebound due partly to intra-day dlr's broad-based weakness suggest the decline fm 1.6401 has possibly made a temp. low, abv 1.6302/07 wud yield 1.6344. Below said European low wud extend aforesaid fall to 1.6210/13 later, stand aside for now. Range Forecast 1.6255 / 1.6290 Resistance/Support R: 1.6307/1.6376/1.6401 S:Mon, 19 Oct 2009 09:13:01 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-19.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-15.htmlINTRA-DAY GBP/USD: Last Update At 15 Oct 2009 03:32 GMT Rate : 1.6057 As cable has maintained a firm undertone after penetrating y'day's high at 1.6026 (now sup) n mar- ginal gain to 1.6075 is likely, however, as nr term rise fm 1.5708 (Tue) is over-extended, reckon 1.60 85/90 wud cap upside n yield strg retreat later. Remain as 'cautious' buyer on dips n only below 1.5995/00 confirms intra-day top made, 1.5962. Range Forecast 1.6030 / 1.6065 Resistance/Support R: 1.6075/1.6127/1.6200 S:Thu, 15 Oct 2009 03:13:36 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-15.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-14.htmlINTRA-DAY GBP/USD: Last Update At 14 Oct 2009 07:48 GMT Rate : 1.5965 As cable has recovered after finding renewed buying at 1.5946, suggesting pullback fm 1.5995 has possibly ended there, however, breach of said res needed to extend y'day's rally fm 4-month low of 1. 5708 to 1.6020/30 but reckon 1.6063 wud cap upside. Below 1.5946 wud bring a retrace. twds 1.5902. Suggest to stand aside in the meantime... Range Forecast 1.5940 / 1.5975 Resistance/Support R: 1.5995/1.6063/1.6127 S:Wed, 14 Oct 2009 07:58:58 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-14.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-09.htmlINTRA-DAY GBP/USD: Last Update At 09 Oct 2009 00:29 GMT Rate : 1.6029 Despite cable's brief rise to 1.6121, subsequent retreat after faltering below 1.6127 res suggests nr term rise fm 1.5858 has possibly formed a top there n consolidation with downside bias is seen for weakness to 1.6013 n then 1.5973. Wud be prudent to exit short on current fall n look to sell again on recovery as 1.6127 wud hold.. Range Forecast 1.6013 / 1.6050 Resistance/Support R: 1.6127/1.6169/1.6210 S:Fri, 09 Oct 2009 01:34:27 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-09.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-06.htmlINTRA-DAY GBP/USD: Last Update At 06 Oct 2009 06:03 GMT Rate : +1.5985+ Despite daily consolidative outlook on sterling, intra-day rise in euro shud keep price firm here n nr term upside bias remains for gain to 1.6000 but reckon y'day's high at 1.6025 wud hold. Turn cautious buyer on dips n only below 1.5903 (y'day's low) wud shift risk to downside for subse- quent weakness to 1.5864/68. Range Forecast 1.5970 / 1.6000 Resistance/Support R: 1.6005/1.6025/1.6127 S: 1.5927/1.5903/1.5859Tue, 06 Oct 2009 06:21:44 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-06.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-05.htmlINTRA-DAY GBP/USD: Last Update At 05 Oct 2009 09:50 GMT Rate : +1.5975+ As cable has rebounded after intra-day cross- inspired retreat fm 1.6025 to 1.5926, consolidation with upside bias is seen for gain to 1.6005/10 but abv said res is needed to extend near term rise fm 1.5805 to 1.6040/50 b4 prospect of a retreat later. Turn long on dips for st trade, stop as indica- ted, below wud risk weakness to 1.5921/26. Range Forecast +1.5955 / 1.5995+ Resistance/Support R: 1.6025/1.6066/1.6127 S:Mon, 05 Oct 2009 09:54:26 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-10-05.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-30.htmlINTRA-DAY GBP/USD: Last Update At 30 Sep 2009 08:58 GMT Rate : 1.6090 As cable has penetrated 1.6087 in line with the dlr's broad-based weakness, suggesting the rise fm this week's low at 1.5770 to retrace recent decline wud extend to 1.6110/20 n possibly 1.6150. Raise long entry with stop as indicated, below wud risk pullback to 1.6010 but 1.5990 (prev. res) shud hold. Range Forecast 1.6070 / 1.6105 Resistance/Support R: 1.6113/1.6134/1.6169 S: 1.6035/1.5990/1.5953Wed, 30 Sep 2009 09:10:16 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-30.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-29.htmlINTRA-DAY GBP/USD: Last Update At 29 Sep 2009 10:06 GMT Rate : +1.5935+ Cable's present rebound fm 1.5824 suggests an intra-day low has been made in Europe, suggesting further choppy trading abv y'day's 4-month low at 1.57770 wud continue, however, as long as 1.5900/03 holds, daily downside bias remains. For st trade, turn long on dips for 1.5890 with stop initially below said European low. Range Forecast +1.5910 / 1.5950+ Resistance/Support R: 1.5903/1.5959/1.5990 S: 1.5824/1.5813/1.5770Tue, 29 Sep 2009 10:08:39 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-29.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-25.htmlINTRA-DAY GBP/USD: Last Update At 25 Sep 2009 07:59 GMT Rate : 1.6009 Although cable has retreated after marginal gain to 1.6039 in European morning, pullback wud be ltd to 1.5981 n bring another corrective upmove fm 1.5917 low to re-test of said res, however, reckon 1.6070/72 shud cap upside n yield selloff later. Buy on dips with stop as indicated, break wud risk weakness to 1.5944 but said sup shud hold.... Range Forecast 1.5990 / 1.6030 Resistance/Support R: 1.6039/1.6072/1.6113 S:Fri, 25 Sep 2009 08:16:44 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-25.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-24.htmlINTRA-DAY GBP/USD: Last Update At 24 Sep 2009 00:00 GMT Rate : 1.6335 Cable's selloff fm 1.6470 to 1.6318 signals erratic upmove fm 1.6134 has formed a temp. top there, consolidation with downside bias is seen n below 1.6318 wud bring stronger retrace. of afore- said rise to 1.6270/80 but 1.6258 wud hold. Sell on recovery with stop as indicated, break wud risk gain to 1.6410/15... Range Forecast 1.6318 / 1.6370 Resistance/Support R: 1.6384/1.6415/1.6470 S: 1.6318/1.6258/1.6221Thu, 24 Sep 2009 00:15:10 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-24.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-21.htmlINTRA-DAY GBP/USD: Last Update At 21 Sep 2009 01:55 GMT Rate : +1.6230+ Although cable fell briefly in tandem with euro to 1.6210 in Aust., present rebound suggests recent decline has made a temp. low there n choppy trading with mild upside bias is seen for a recovery to 1.6 270/76 but reckon 1.6315/20 wud hold. For st trade, turn long on dips for this move n sell on further rise for day trade. Range Forecast +1.6220 / 1.6250+ Resistance/Support R: 1.6298/1.6376/1.6403 S: 1.6210/1.6191/1.6113Mon, 21 Sep 2009 02:32:48 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-21.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-17.v02.htmlINTRA-DAY GBP/USD: Last Update At 17 Sep 2009 05:54 GMT Rate : 1.6521 Cable's rebound after finding renewed buying at 1.6468 in Asian morning suggests consolidation with upside bias remains n gain twds y'day's high of 1.6535 is seen but break needed to extend near term rise fm 1.6403 to 1.6553/60. Below 1.6482/85 wud prolong choppy trading n may bring another drop to 1.6468 n 1.6431/35... Range Forecast 1.6495 / 1.6535 Resistance/Support R: 1.6535/1.6553/1.6591 S: 1.6468/1.6431/1.6403Thu, 17 Sep 2009 06:47:58 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-17.v02.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-16.htmlINTRA-DAY GBP/USD: Last Update At 16 Sep 2009 06:11 GMT Rate : 1.6467 Despite cable's brief but strg retreat fm 1.6515 to 1.6431, subsequent rebound after holding abv yes terday's low of 1.6403 on renewed dlr's weakness elsewhere suggests choppy trading wud continue n another bounce to 1.6515 can't be ruled out. Wud be prudent to stand aside. Below 1.6431 wud signal fall fm 1.6742 has resumed, 1.6403... Range Forecast 1.6431 / 1.6480 Resistance/Support R: 1.6515/1.6591/1.6661 S:Wed, 16 Sep 2009 06:27:25 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-16.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-15.htmlINTRA-DAY GBP/USD: Last Update At 15 Sep 2009 02:17 GMT Rate : 1.6611 Despite staging a rebound in tandem with euro at Asian opening, as cable has retreated after failing to penetrate 1.6631 (NY high), suggesting choppy consolidation inside nr term range of 1.6553-1.6631 wud continue with a 'neutral' bias. Abv 1.6631 wud bring stronger retrace. of early fall fm 1.6742-1.6522 to 1.6660/65 b4 retreat. Range Forecast 1.6600 / 1.6630 Resistance/Support R: 1.6662/1.6688/1.6742 S:Tue, 15 Sep 2009 04:13:07 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-15.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-11.htmlINTRA-DAY GBP/USD: Last Update At 11 Sep 2009 05:30 GMT Rate : 1.6725 Cable's firmness after the breach of y'day's high of 1.6688 (now sup) suggests upmove fm 1.6113 to retrace decline fm this year's high of 1.7044 remains in force n may extend to 1.6751 but 'loss of upward momentum' shud cap price at 1.6771 today. Buy for such move, stop as indicated, break wud signal temp. top is made n risk 1.6644 sup... Range Forecast 1.6705 / 1.6751 Resistance/Support R: 1.6751/1.6771/1.6835 S:Fri, 11 Sep 2009 06:12:54 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-11.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-10.v02.htmlINTRA-DAY GBP/USD: Last Update At 10 Sep 2009 02:21 GMT Rate : 1.6540 Despite y'day's marginal rise to 1.6592, subse quent retreat to 1.6525 suggests consolidation with mild downside bias wud be seen until European open- ing n below 1.6525 may bring retrace. to 1.6482/88, however, sup at 1.6455 shud remain intact. Abv 1.6566/70 wud signal erratic upmove fm 1.61 13 has resumed for re-test of 1.6592 n then 1.6625. Range Forecast 1.6525 / 1.6566 Resistance/Support R: 1.6592/1.6625/1.6670 S:Thu, 10 Sep 2009 02:55:24 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-10.v02.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-08.v02.htmlINTRA-DAY GBP/USD: Last Update At 08 Sep 2009 08:23 GMT Rate : 1.6489 As cable has risen strongly in part due to active cross buying in sterling, suggesting upmove fm last week's low at 1.6113 to retrace recent de- cline wud extend twd 1.6515/20, however, o/bot con- dition shud limit upside to 1.6547 n bring retreat. Raise long entry lvl with stop as indicated, below wud defer n risk pullback to 1.6400/10. Range Forecast 1.6460 / 1.6500 Resistance/Support R: 1.6522/1.6547/1.6625 S:Tue, 08 Sep 2009 08:23:10 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-08.v02.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-07.htmlINTRA-DAY GBP/USD: Last Update At 07 Sep 2009 07:46 GMT Rate : 1.6427 Cable's breach of intra-day 1.6419 res signals upmove fm last week's low of 1.6113 to retrace re- cent decline has resumed n abv 1.6445/46 may bring further gain to 1.6465, however, 1.6502 res shud cap upside n yield strg retreat later. Below 1.6390/95 wud signal an intra-day top is made n bring weakness to 1.6364 n then 1.6335... Range Forecast 1.6405 / 1.6445 Resistance/Support R: 1.6445/1.6465/1.6502 S:Mon, 07 Sep 2009 09:00:43 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-07.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-04.htmlINTRA-DAY GBP/USD: Last Update At 04 Sep 2009 07:54 GMT Rate : 1.6358 Although cable's breach of 1.6354 suggests the retreat fm y'day's 1.6415 high has possibly ended earlier at 1.6304 n further gain to 1.6380/85 can't be ruled out, only abv said res wud confirm upmove fm 1.6113 (this week's low) has resumed, 1.6445/50. Below 1.6320/25 wud prolong consolidation n bring another fall to 1.6304. Stand aside for now. Range Forecast  1.6340 / 1.6375 Resistance/Support R: 1.6376/1.6415/1.6446Fri, 04 Sep 2009 08:36:05 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-04.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-03.htmlINTRA-DAY GBP/USD: Last Update At 03 Sep 2009 08:51 GMT Rate : +1.6365+ Cable's breach of 1.6338 partly due to stronger- than-expected U.K. services PMI data signals the upmove fm this week's low at 1.6113 has resumed n retrace. of recent decline twd 1.6379/82 is seen, however, reckon 1.6420/30 wud limit upside fm here. Raise long entry with stop as indicated, below wud risk pullback to 1.6260/70 b4 up. Range Forecast +1.6340 / 1.6375+ Resistance/Support R: 1.6382/1.6446/1.6465 S:Thu, 03 Sep 2009 09:40:34 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-03.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-02.htmlINTRA-DAY GBP/USD: Last Update At 02 Sep 2009 07:53 GMT Rate : 1.6129 Cable's anticipated cross-inspired selloff fm 1.6193 signals correction fm y'day's low at 1.6113 has ended n a breach of said sup wud extend recent decline to daily obj. at 1.6090, however, 'loss of momentum' has increased risk of a rebound later. Reinstate short on recovery with stop as indica ted, abv wud yield possible re-test of 1.6193. Range Forecast 1.6113 / 1.6145 Resistance/Support R: 1.6193/1.6205/1.6267 S:Wed, 02 Sep 2009 08:12:35 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-02.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-01.htmlINTRA-DAY GBP/USD: Last Update At 01 Sep 2009 08:49 GMT Rate : 1.6243 As cable has fallen after meeting renewed sell- ing around 1.6281, suggesting intra-day decline fm 1.6376 wud extend to 1.6220/30 n possibly 1.6200 but broad outlook is consolidative n reckon 1.6184 wud hold, yield recovery later. Trade fm short side with stop as indicated, abv wud defer n risk rebound to 1.6310/20. Range Forecast 1.6230 / 1.6265 Resistance/Support R: 1.6281/1.6330/1.6382 S: 1.6235/1.6184/1.6153Tue, 01 Sep 2009 08:50:04 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-09-01.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-31.v02.htmlINTRA-DAY GBP/USD: Last Update At 31 Aug 2009 06:23 GMT Rate : +1.6208+ As cable has fallen after meeting renewed sell ing at 1.6301, suggesting consolidation with down- side bias remains n weakness twds 1.6200 is likely but below needed to confirm correction fm last wk's low of 1.6153 has ended at 1.6382, 1.6170/80 1st. Sell on pullback with stop as indicated n only abv 1.6301/06 risks stronger gain to 1.6337/45... Range Forecast +1.6195 / 1.6230+ Resistance/Support R: 1.6237/1.6254/1.6301 S:Mon, 31 Aug 2009 06:23:59 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-31.v02.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-27.htmlINTRA-DAY GBP/USD: Last Update At 27 Aug 2009 06:01 GMT Rate : 1.6228 Cable's brief rise to 1.6247 following release of Nationwide house price data suggests caution on our short n prev. res at 1.6250 must hold for pros- pect of another fall, below 1.6180/90 wud signal recent decline has once again resumed, 1.6160 1st. Trade fm short side with stop as indicated n only abv 1.6270/75 wud abort daily bearishness. Range Forecast 1.6210 / 1.6240 Resistance/Support R: 1.6250/1.6275/1.6357 S:Thu, 27 Aug 2009 06:07:42 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-27.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-24.htmlINTRA-DAY GBP/USD: Last Update At 24 Aug 2009 08:05 GMT Rate : +1.6460+ Although cable's intra-day breach of 1.6465 signals decline fm last Friday's high at 1.6625 has resumed, near term o/sold condition is likely to limit downside n risk has increased for a correct- ive bounce b4 prospect of another fall later. Exit short n sell again on recovery. Below 1.64 19 wud bring retrace. of upmove fm 1.6275 to 1.6375 Range Forecast +1.6440 / 1.6470+ Resistance/Support R: 1.6499/1.6547/1.6583 S:Mon, 24 Aug 2009 08:26:50 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-24.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-21.htmlINTRA-DAY GBP/USD: Last Update At 21 Aug 2009 06:40 GMT Rate : +1.6460+ As 1.6419 has contained intra-day cross-inspired selloff, cable's rebound fm there suggests nr term decline fm 1.6511 has possibly formed a low there n consolidation with upside bias is seen for retrace. twd 1.6497 but prev. res at 1.6525 shud limit gain. Turn long on dips with stop below said sup as break wud risk one more fall to 1.6390/00. Range Forecast 1.6435 / 1.6465 Resistance/Support R: 1.6497/1.6525/1.6570 S:Fri, 21 Aug 2009 06:39:49 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-21.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-20.htmlINTRA-DAY GBP/USD: Last Update At 20 Aug 2009 09:23 GMT Rate : +1.6515+ Despite cable's brief rise to 1.6611 after the release of much higher-than-expected U.K. retail sales data, subsequent retreat signals an intra-day top has possibly been made, however, sup at 1.6503 shud contain pullback n yield rebound later. Buy on dips with stop as indicated, break wud bring stronger retrace. of rise fm 1.6275 to 1.6440 Range Forecast 1.6515 / 1.6555 Resistance/Support R: 1.6570/1.6611/1.6670 S:Thu, 20 Aug 2009 08:41:31 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-20.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-19.htmlINTRA-DAY GBP/USD: Last Update At 19 Aug 2009 09:17 GMT Rate : +1.6382+ Present anticipated selloff after meeting renewed selling at 1.6491 on the release of BOE's minutes confirms decline fm 1.6594 has resumed n further weakness to 1.6380/90 is likely, however, o/sold condition shud limit fall to 1.6350/60. Still favour selling cable on recovery with stop as indicated n only abv 1.6491 signals low made... Range Forecast +1.6370 / 1.6420+ Resistance/Support R: 1.6439/1.6511/1.6561 S:Wed, 19 Aug 2009 09:25:02 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-19.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-17.htmlINTRA-DAY GBP/USD: Last Update At 17 Aug 2009 07:19 GMT Rate : 1.6360 Cable's intra-day breach of last week's low at 1.6391 suggests decline fm 1.7044 to retrace upmove fm 1.5983 has resumed n further weakness to 1.6338 n then twds 1.6311 wud be seen, however, o/sold con dition shud limit downside ot 1.6286. Sell on recovery with stop as indicated, break may bring rebound to 1.6450/60... Range Forecast 1.6350 / 1.6380 Resistance/Support R: 1.6436/1.6485/1.6513 S: 1.6338/1.6311/1.6286Mon, 17 Aug 2009 07:21:40 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-17.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-14.htmlINTRA-DAY GBP/USD: Last Update At 14 Aug 2009 05:58 GMT Rate : 1.6586 Cable's rebound after brief fall to 1.6540 suggests an intra-day low has possibly been formed n consolidation with mild upside bias is seen, how- ever, abv 1.6605 (Asia) is needed to signal retreat fm y'day's high at 1.6670 has ended, 1.6630/40. Below 1.6540 wud bring correction of near term rise fm 1.6391 to 1.6500/10. Stand aside for now. Range Forecast 1.6555 / 1.6595 Resistance/Support R: 1.6605/1.6633/1.6670 S:Fri, 14 Aug 2009 06:09:44 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-14.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-12.htmlINTRA-DAY GBP/USD: Last Update At 12 Aug 2009 02:56 GMT Rate : +1.6478+ Despite near term choppy trading abv 1.6431, as long as 1.6528 (y'day's Asian high) holds, conso lidation with downside bias is seen for weakness to 1.6450/60, however, below said sup is needed to confirm decline fm 1.7044 has resumed, 1.6390/00. Sell on recovery with stop as indicated, abv wud risk correction to 1.6550/60 b4 down. Range Forecast +1.6465 / 1.6500+ Resistance/Support R: 1.6528/1.6556/1.6587 S:Wed, 12 Aug 2009 03:56:18 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-12.htmlhttp://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-11.v02.htmlINTRA-DAY GBP/USD: Last Update At 11 Aug 2009 07:39 GMT Rate : 1.6458 Cable's current retreat suggests recovery fm y'day's low at 1.6431 has possibly ended at 1.6528 n consolidation with downside bias wud be seen but below said sup needed to confirm decline fm 1.7044 has resumed n extend to 1.6400/05. Sell on pullback with stop as indicated, break wud risk stronger retracement to 1.6528, 1.6556... Range Forecast 1.6447 / 1.6480 Resistance/Support R: 1.6528/1.6556/1.6587 S: 1.6431/1.6405/1.6338Tue, 11 Aug 2009 07:49:48 GMThttp://www.fxstreet.com/technical/forex-forecasts/cs@acetrader.com (AceTrader)http://www.fxstreet.com/technical/forex-forecasts/forex-market-outlook-on-majors/2009-08-11.v02.html