INTRA-DAY GBP/USD OUTLOOK

Although cable's rebound after y'day's cross-
inspired selloff to 1.4397 suggests temp. low has
'possibly' been formed, a firm break abv 1.4542 is
needed to confirm n bring correction to 1.4590/00,
otherwise, further choppy trading is likely.
Below 1.4440/50 wud yield another fall twds
said sup. As nr term outlook is mixed, stand aside.

Range Forecast 1.4440 / 1.4480

Resistance/Support

R: 1.4542/1.4590/1.4660
S: 1.4463/1.4397/1.4377