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INTRA-DAY GBP/USD OUTLOOK by AceTrader
By: AceTrader - 29-09-2008
0votesUpdating time : 29 Sep 2008 07:54 GMTAlthough cable has recovered after intra-day
selloff to 1.8056 n minor consolidation wud be seen
, upside shud be ltd to 1.8140 n renewed selling
shud emerge around 1.8160 n yield another decline
later today.
Stand aside for now n look to sell on such re-
bound. Below said sup extends to 1.8010/15...Range Forecast 1.8085 / 1.8120 Resistance/Support R: 1.8166/1.8229/1.8258
S: 1.8056/1.8015/1.7957
Next Analysis: WEEKLY TECHNICAL OUTLOOK ON USD/JPY by AceTraderContent Provided by:
AceTrader - Trendsetter Financial Markets Ltd
AceTrader provides genuine real-time forex market commentaries and trading recommendations to both Reuters and Internet users. Led by world renowned technical analyst, Wilson Leung, we have a team of 7 analysts monitoring the market and updating our recommendations and commentaries 24 hours a day
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Furthermore, Trendsetter Financial Markets Ltd. ( referred as Trendsetter, thereafter ) does not warrant or guarantee the accuracy, timeliness or completeness to its service or information contained therein.Trendsetter does not give, whatsoever, warranties, expressed or implied, to the results to be obtained by using its services or information it provided. Users are trading on their own risk and Trendsetter shall not be responsible under any circumstances for the consequences of such activities. Trendsetter and its affiliates, in no event, be liable to users or any third parties for any consequential damages, however arising, including but not limiting to damages caused by negligence whether such damages were foreseen or unforeseen. All information provided in the service is proprietary to Trendsetter and may not be copied or redistributed without prior written approval of Trendsetter. Trendsetter shall not be liable for any damages or costs arising out of your use of any of the services or companies accessed through the linkage to our web site over the Internet.
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