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Update Time:     08 Jun 2009 17:18GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8670+

As euro has remained under pressure, suggesting
the decline fm 0.8867 (Friday's high) to retrace
recent upmove remains in force n further weakness
to 0.8650 wud be seen, however, risk has increased
for a rebound due to nr term loss on momentum.

Hold short with stop as indicated, abv wud risk
pullback to 0.8734 b4 down...

   Rate:     +0.8670+
   Strategy:     +Target met+
   Position:     Short at 0.8700
   Objective:     +0.8670+
   Stop-Loss:     
   Resistance:     0.8734/0.8796/0.8867
   Support:     0.8650/0.8625/0.8576
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Update Time:     08 Jun 2009 10:52GMT
INTRA-DAY EUR/CHF OUTLOOK - 1.5168

Lack of follow through selling below 1.5160
n subsequent recovery fm 1.5157 suggest choppy
trading is seen n risk is for a pullback to 1.5195/
00, however, upside shud be ltd to 1.5214 n reckon
1.5235/37 res area wud remain intact.

Exit short n stand aside for now. Below
1.5154/57 wud revive bearishness to 1.5120/25...

   Rate:     1.5168
   Strategy:     Exit short
   Position:     Short at 1.5200
   Objective:     
   Stop-Loss:     
   Resistance:     1.5214/1.5237/1.5301
   Support:     1.5154/1.5121/1.5102
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Update Time:     08 Jun 2009 10:12GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8725+

Despite euro's intra-day rebound fm 0.8740 to
0.8796, subsequent retreat suggests decline fm 0.88
67 to retrace nr term upmove fm 0.8576 has resumed
n re-test of 0.8734 (Friday's NY low) is seen but
below is needed to confirm, 0.8710/15 later.

Sell on recovery with stop as indicated, only
abv 0.8798/03 aborts n risks gain twd 0.8820/25...

   Rate:     +0.8725+
   Strategy:     +Target met+
   Position:     +Short at 0.8760+
   Objective:     +0.8725+
   Stop-Loss:     
   Resistance:     0.8803/0.8867/0.8915
   Support:     0.8693/0.8625/0.8576
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