INTRA-DAY GBP/USD OUTLOOK
Despite y'day's resumption of upmove fm last
week's low of 1.5603 to 1.5915, intra-day strg
retreat suggests a temp. top has been made n choppy
consolidation wud be seen n pullback to 1.5854/62
is likely but break needed for weakness to 1.5823.
Abv 1.5900 wud signal pullback is over instead n
yield re-test of said res, abv, 1.5933/37.
Range Forecast
1.5862 / 1.5895
Resistance/Support
R: 1.5900/1.5915/1.5937
S: 1.5862/1.5823/1.5800
Rate
1.5873
Strategy/Entry Level
Stand aside
Last Update At
20 Mar 2012 04:06 GMT