Forex signal:
Hold short with stop as indicated, abv may risk
stronger retrace. of this week's fall to 1.6250/55.
INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY
GBP/USD : 1.6306
Last Update At 31 Aug 2011 02:33 GMT
Despite cable's narrow movement in Asian morning
, as the early retreat fm 1.6318 to 1.6289 in o/n
NY session signals recovery fm y'day's 1.6255 low
has 'possibly' ended, consolidation with downside
bias remains for subsequent weakness twd 1.6255.
Hold short with stop as indicated, abv may risk
stronger retrace. of this week's fall to 1.6250/55.
Range Forecast
1.6285 / 1.6315
Resistance/Support
R: 1.6318/1.6339/1.6387
S: 1.6279/1.6255/1.6207