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GBP/USD Intra-day signals by AceTrader

Discussion in 'Market Predictions and Reports' started by acetraderfx, May 31, 2010.

  1. acetraderfx

    acetraderfx AceTrader.com Representative

    Joined:
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    INTRA-DAY GBP/USD: 1.4512
    Last Update At 31 May 2010 08:45 GMT

    Current breach of 1.4505 suggests the pullback
    fm last Friday's high of 1.4612 has possibly ended
    earlier at 1.4360 n consolidation with upside bias
    wud be seen for gain to 1.4540, however, reckon
    1.4587 shud cap upside n yield choppy trading.

    Turn long on dips with stop as indicated, break
    wud risk weakness to 1.4444.



    Range Forecast
    1.4495 / 1.4535

    Resistance/Support
    R: 1.4520/1.4564/1.4587
    S: 1.4444/1.4435/1.4409
     

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