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Update Time:     19 May 2009 14:27GMT
DAILY GBP/JPY OUTLOOK - +149.20+

Despite stg's retreat fm 149.63, reckon pullback
wud be ltd to 148.20/25 n yield resumption of near
term upmove fm 143.11 to said res, then 150.40/50.

Buy on dips with stop as indicated, below wud
risk stronger retrace. twds 147.11...

   Rate:          +149.20+  
  Strategy:     +Target met+
   Position:     +Long at 148.20+
   Objective:  +149.20+
   Stop-Loss:     
   Resistance:     149.63/150.42/150.89
   Support:         148.06/147.11/146.43


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Update Time:     19 May 2009 08:12T
INTRA-DAY EUR/CHF OUTLOOK - +1.5145+

Current price action suggests as long as 1.5095
(y'day's low) holds, upside bias still remains for
rebound but abv res at 1.5149 is needed to confirm
the rise fm last Friday's low at 1.5008 has resumed
n extend gain to 1.5170/75.

Trade fm long side with stop as indicated, below
wud defer n risk stronger pullback to 1.5060/65...

   Rate:          +1.5445+   
   Strategy:     +Target met+
   Position:     +Long at 1.5105+
   Objective:   1.5145
   Stop-Loss:     
   Resistance:     1.5149/1.5175/1.5200
   Support:         1.5095/1.5079/1.5036

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Update Time:     19 May 2009 06:41GMT
INTRA-DAY GBP/USD OUTLOOK - 1.5430

Sterling's breach of 1.5354 confirms recent
upmove has resumed n further gain to 1.5430/40 wud
be seen, however, o/bot condition shud limit upside
to 1.5470 n bring a much-needed minor correction
later today.

Buy at market with stop as indicated, below
wud defer n risk pullback to 1.5320/360...

   Rate:          +1.5430+  
   Strategy:     +Target met+
   Position:     +Long at 1.5390+
   Objective:   +1.5430+
   Stop-Loss:     
   Resistance:     1.5476/1.5500/1.5566
   Support:         1.5288/1.5233/1.5195

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Update Time:     19 May 2009 06:38GMT
INTRA-DAY EUR/GBP OUTLOOK - 0.8810

As euro has retreated after meeting selling
interest at 0.8854 in Asia, suggesting recovery fm
y'day's low at 0.8808 has ended n re-test of said
sup is seen, however, below there is needed to
extend recent decline fm 0.9038 to 0.8785/90.

Sell at market with stop as indicated, abv wud
risk correction to 0.8870/75 b4 down...

   Rate:          +0.8810+  
   Strategy:     +Target met+
   Position:     +Short at 0.8840+
   Objective:   0.8810
   Stop-Loss:     
   Resistance:     0.8854/0.8866/0.8892
   Support:         0.8765/0.8730/0.8700
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