GBP/USD Intra-day signals by AceTrader

[acetraderfx]

INTRA-DAY GBP/USD: 1.4727

Last Update At 02 Jun 2010 07:42 GMT

Lack of follow through buying abv 1.4751 n pre-
sent retreat fm 1.4771 suggests choppy sideways
trading wud continue n pullback to 1.4699 can't be
ruled out, however, break is needed to confirm an
intra-day top is made n yield retrace. to 1.4665.


Abv 1.4771 wud extend recent upmove to 1.4800.
Stand aside in the meantime.



Range Forecast
1.4699 / 1.4745


Resistance/Support
R: 1.4771/1.4800/1.4850
S: 1.4699/1.4665/1.4630