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GBP/USD Intra-day signal by AceTrader

Discussion in 'Market Predictions and Reports' started by acetraderfx, Jun 11, 2010.

  1. acetraderfx

    acetraderfx AceTrader.com Representative

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    INTRA-DAY GBP/USD: 1.4735

    Last Update At 11 Jun 2010 06:07 GMT

    Although cable has briefly penetrated Asian morn
    ing high of 1.4730 after meeting renewed buying abv
    initial sup at 1.4695 (AUS), suggesting this week's
    erratic rise fm 1.4346 wud yield marginal gain, nr
    term 'loss of momentum' wud cap price below 1.4771.


    For st trade, sell on further rise n exit on dec
    line as below 1.4695 needed to yield 1.4665/75.


    Range Forecast
    1.4715 / 1.4755


    Resistance/Support
    R: 1.4744/1.4771/1.4790
    S: 1.4695/1.4655/1.4608
     

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