Forex signal:
Exit short n sell again on further rise as only
abv 1.5225/30 wud abort intra-day bearishness.
INTRA-DAY GBP/USD: 1.5175
Last Update At 22 Jul 2010 06:58 GMT
Although cable retreated fm 1.5399 to 1.5151 ear
lier, present recovery suggests further choppy side
ways trading abv y'day's low at 1.5125 is likely to
continue b4 decline fm 1.5473 (Thur) resumes for a
re-test of said sup, then 1.5100/05 later.
Exit short n sell again on further rise as only
abv 1.5225/30 wud abort intra-day bearishness.
Range Forecast
1.5155 / 1.5190
Resistance/Support
R: 1.5203/1.5255/1.5335
S: 1.5150/1.5125/1.5086