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GBP/USD Intra-day signals by AceTrader

Discussion in 'Market Predictions and Reports' started by acetraderfx, Jun 4, 2010.

  1. acetraderfx

    acetraderfx AceTrader.com Representative

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    INTRA-DAY GBP/USD: 1.4627

    Last Update At 04 Jun 2010 07:12 GMT

    Despite cable's brief bounce to 1.4651, current
    retreat suggests recovery fm y'day's low of 1.4586
    has possibly ended n consolidation with downside
    bias wud be seen for weakness to 1.4604/09, break
    confirms fall has resumed, 1.4586 n 1.4553.


    Sell on recovery with stop as indicated, break
    wud risk stronger bounce to 1.4688...


    Range Forecast
    1.4610 / 1.4651


    Resistance/Support
    R: 1.4651/1.4676/1.4723
    S: 1.4604/1.4586/1.4553
     

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