Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 20 Mar 2009 04:08 GMT

Rate: +1.4480+

Cable's rebound fm 1.4458 suggests the retreat
fm y'day's high at 1.4598 has possibly ended there
n consolidation with upside bias is seen for gain
to 1.4530/40, however, abv 1.4560/65 is needed to
signal recent upmove has resumed, 1.4598 later.

Buy on dips with stop below said sup, break wud
risk stronger correction to 1.4520/30 b4 up...

Range Forecast
+1.4470 / 1.4510+

Resistance/Support
R: 1.4534/1.4598/1.4663
S: 1.4458/1.4416/1.4336

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