acetraderfx
AceTrader.com Representative
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INTRA-DAY GBP/USD: 1.5450
Last Update At 26 Jul 2010 04:51 GMT
Cable's breach Friday's 1.5450 high after early
pullback to 1.5395 (AUS) suggests recent upmove wud
re-test this month's high at 1.5473 soon n then
extend gain to 1.5490/00, o/bot condition shud pre-
vent strg gain n reckon res at 1.5524 wud hold.
Raise long entry for this move n only below 1.53
95 wud confirm an intra-day top is in place.
Range Forecast
1.5445 / 1.5473
Resistance/Support
R: 1.5473/1.5498/1.5524
S: 1.5410/1.5395/1.5349
Last Update At 26 Jul 2010 04:51 GMT
Cable's breach Friday's 1.5450 high after early
pullback to 1.5395 (AUS) suggests recent upmove wud
re-test this month's high at 1.5473 soon n then
extend gain to 1.5490/00, o/bot condition shud pre-
vent strg gain n reckon res at 1.5524 wud hold.
Raise long entry for this move n only below 1.53
95 wud confirm an intra-day top is in place.
Range Forecast
1.5445 / 1.5473
Resistance/Support
R: 1.5473/1.5498/1.5524
S: 1.5410/1.5395/1.5349
