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Update Time:     02 Feb 2009 13:13GMT
SPOT GOLD DAILY OUTLOOK - 908.50

Failure to breach 902.20 suggests further choppy
trading abv said sup is seen but if temp. top made
at 929.70 is correct, 917/918 shud limit upside.

Wud be prudent to exit short at 914.00. Below
said sup wud yield correction of upmove twd 895.90.

   Rate:     908.50
   Strategy:     Exit short
   Position:     Short at 914.00
   Objective:     
   Stop-Loss:     
   Resistance:     917.30/925.70/929.70
   Support:     902.20/895.90/899.50
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Update Time:     02 Feb 2009 12:23GMT
DAILY GBP/USD OUTLOOK - 1.4098

Although current anticipated selloff signals
the decline fm Friday's high at 1.4545 to retrace
recent entire upmove fm 1.3500 remains in progress,
nr term o/sold condition shud limit downside to
1.4071 n reckon 1.4024 wud hold.

Wud be prudent to exit short n look to sell
again on recovery as 1.4245/50 wud limit upside...

   Rate:     1.4098
   Strategy:     Exit short
   Position:     Short at 1.4243
   Objective:     
   Stop-Loss:     
   Resistance:     1.4185/1.4250/1.4346
   Support:     1.4071/1.4024/1.3931
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Update Time:     02 Feb 2009 09:10GMT
DAILY GBP/JPY CROSS OUTLOOK - +126.50+

Sterling's selloff fm 130.83 signals recent
upmove has formed a top last week n correction to
126.54 n 125.80/90 is likely b4 rebound.

Sell on recovery with stop as indicated, abv
wud risk gain to 128.90/90 but said res shud hold..

   Rate:     +126.50+
   Strategy:     +Target met+
   Position:     +Short at 127.50+
   Objective:     126.50
   Stop-Loss:     
   Resistance:     128.50/129.32/130.83
   Support:     125.09/123.31/122.84

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