acetraderfx
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INTRA-DAY GBP/USD: 1.4413
Last Update At 17 May 2010 06:40 GMT
Cable's strg rebound after early selloff to
1.4249 in Asia suggests consolidation wud be seen n
stronger correction to 1.4430/35 cannot be ruled
out, however, reckon price wud falter well below
1.4496 (prev. sup, now res) n yield selloff.
Below 1.4350/55 wud signal recovery has possibly
ended n yield weakness to 1.4300/05. Stand aside.
Range Forecast
1.4370 / 1.4419
Resistance/Support
R: 1.4419/1.4475/1.4496
S: 1.4303/1.4249/1.4212
AceTrader - Best Intra-day Forex Trading Strategies
Last Update At 17 May 2010 06:40 GMT
Cable's strg rebound after early selloff to
1.4249 in Asia suggests consolidation wud be seen n
stronger correction to 1.4430/35 cannot be ruled
out, however, reckon price wud falter well below
1.4496 (prev. sup, now res) n yield selloff.
Below 1.4350/55 wud signal recovery has possibly
ended n yield weakness to 1.4300/05. Stand aside.
Range Forecast
1.4370 / 1.4419
Resistance/Support
R: 1.4419/1.4475/1.4496
S: 1.4303/1.4249/1.4212
AceTrader - Best Intra-day Forex Trading Strategies
