acetraderfx
AceTrader.com Representative
- Messages
- 1,109
INTRA-DAY GBP/USD: 1.4388
Last Update At 08 Jun 2010 09:19 GMT
Current selloff suggests correction fm 1.4388
has possibly ended at 1.4563 n consolidation with
downside bias wud be seen for weakness twds said
sup, however, o/sold condition shud limit fall to
1.4360 today n yield rebound later.
Sell on recovery with stop as indicated, break
wud risk stronger gain to 1.4500.
Range Forecast
1.4430 / 1.4480
Resistance/Support
R: 1.4458/1.4530/1.4563
S: 1.4401/1.4388/1.4360
Last Update At 08 Jun 2010 09:19 GMT
Current selloff suggests correction fm 1.4388
has possibly ended at 1.4563 n consolidation with
downside bias wud be seen for weakness twds said
sup, however, o/sold condition shud limit fall to
1.4360 today n yield rebound later.
Sell on recovery with stop as indicated, break
wud risk stronger gain to 1.4500.
Range Forecast
1.4430 / 1.4480
Resistance/Support
R: 1.4458/1.4530/1.4563
S: 1.4401/1.4388/1.4360