Intraday Forex Signal by AceTrader - GBP/USD

Rate: 1.3735

Updating time : 11 Mar 2009 08:35 GMT

As cable has eased after intra-day rebound fm
1.3655 to 1.3776, suggesting consolidation is in
store, however, as temp. low has been formed at
1.3655, reckon 1.3700/05 wud limit downside n yield
another corrective rise to 1.3780/85 n 1.3807.

Buy on dips with stop as indicated, break risks
re-test of 1.3655...

Range Forecast
1.3705 / 1.3745

Resistance/Support
R: 1.3807/1.3853/1.3906
S: 1.3702/1.3655/1.3600

Our 2008 trading performance summary
Performance 2008 - AceTrader | Best Intra-day Forex Trading Strategies