acetraderfx
AceTrader.com Representative
- Messages
- 1,109
INTRA-DAY GBP/USD: 1.4519
Last Update At 01 Jun 2010 05:57 GMT
Cable's intra-day rally fm 1.4470 (Asia) signals
the nr term fall fm y'day's 1.4549 high has ended
there n upside bias remains for a re-test of this
res, break there wud bring stronger gain to 1.4580/
90 but reckon Friday's 1.4612 high wud hold.
Turn long on dips with stop as indicated n only
below 1.4470 wud risk stronger pullback to 1.4430.
Range Forecast
1.4500 / 1.4540
Resistance/Support
R: 1.4549/1.4564/1.4612
S: 1.4470/1.4430/1.4409
Last Update At 01 Jun 2010 05:57 GMT
Cable's intra-day rally fm 1.4470 (Asia) signals
the nr term fall fm y'day's 1.4549 high has ended
there n upside bias remains for a re-test of this
res, break there wud bring stronger gain to 1.4580/
90 but reckon Friday's 1.4612 high wud hold.
Turn long on dips with stop as indicated n only
below 1.4470 wud risk stronger pullback to 1.4430.
Range Forecast
1.4500 / 1.4540
Resistance/Support
R: 1.4549/1.4564/1.4612
S: 1.4470/1.4430/1.4409
