acetraderfx
AceTrader.com Representative
- Messages
- 1,109
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
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