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Update Time:     31 Jul 2009 04:10GMT
INTRA-DAY GBP/USD OUTLOOK - +1.6535+

As cable has penetrated y'day's European high at
1.6526 in line with the dlr's broad-based weakness,
suggesting near term rise fm 1.6338 (y'day's low in
Australia) wud extend twd 1.6540 n possibly 1.6558
but res at 1.6587 shud hold on 1st testing.

Trade fm long side with stop at break-even n
only below 1.6488 wud risk pullback twd 1.6459.

   Rate:     +1.6535+
   Strategy:     +Target met+
   Position:     Long at 1.6495
   Objective:     1.6535
   Stop-Loss:     
   Resistance:     1.6558/1.6587/1.6622
   Support:     1.6488/1.6459/1.6405
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Update Time:     30 Jul 2009 12:54GMT
DAILY USD/JPY OUTLOOK - +95.55+

Y'day's rally fm 94.01 in line with the green-
back's broad-based rise signals correction fm this
week's high at 95.39 has ended n upmove fm 91.73 to
retrace early fall fm 101.45 shud extend twd 95.70
but loss of momentum shud cap price below 96.25.

Trade fm long side, stop as indicated n only
below 94.61 prolongs choppy trading, 94.01 later.

   Rate:     +95.55+
   Strategy:     +Target met+
   Position:     Long at 94.80
   Objective:     +95.55+
   Stop-Loss:     
   Resistance:     95.70/96.25/97.00
   Support:     94.61/94.01/93.09
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Update Time:     30 Jul 2009 12:30GMT
INTRA-DAY USD/JPY OUTLOOK - +95.35+

Although intra-day 'sideways' trading is likely
to continue until NY opening, as long as near term
good sup at 94.84 holds, outlook remains bullish
for recent upmove to re-test y'day's high at 95.37
but 'loss of momentum' wud cap dlr at 95.70.

Trade fm long side, stop as indicated, below may
risk retracement to 94.35/40 but 94.01 shud hold.

   Rate:     +95.35+
   Strategy:     +Target met+
   Position:     Long at 95.02
   Objective:     +95.35+
   Stop-Loss:     
   Resistance:     95.39/95.70/96.25
   Support:     94.84/94.61/94.01
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Update Time:     30 Jul 2009 07:53GMT
INTRA-DAY EUR/GBP OUTLOOK - +0.8530+

Euro's breach of y'day's low at 0.8551 signals
the erratic decline fm 0.8699 has resumed n further
weakness to 0.8525/35 is seen, however, loss of
momentum shud prevent steep fall below there n
reckon 0.8513 sup wud hold.

Trade fm short side with stop now break-even,
abv wud defer bearishness n risk 0.8585 (Asia)...

   Rate:     +0.8530+
   Strategy:     +Target met+
   Position:     Short at 0.8562
   Objective:     0.8530
   Stop-Loss:     
   Resistance:     0.8585/0.8606/0.8654
   Support:     0.8513/0.8473/0.8458
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Update Time:     30 Jul 2009 05:56GMT
WEEKLY GBP/JPY CROSS OUTLOOK - +156.20+

As renewed buying at 152.34 has lifted sterling,
suggesting upmove fm 146.81 wud extend twd 160.27
but abv needed for re-test of '09 top at 162.58.

Buy on pullback with stop as indicated n only
below 152.34 wud signal temp. top is made, 151.00.

   Rate:     +156.20+
   Strategy:     +Target met+
   Position:     +Long at 154.50+
   Objective:     +156.20+
   Stop-Loss:     
   Resistance:     157.59/160.27/162.58
   Support:     154.63/152.34/150.82

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