GBP/USD Intra-day signal by AceTrader

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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