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INTRA-DAY GBP/USD OUTLOOK by AceTrader INTRA-DAY GBP/USD OUTLOOK by AceTrader
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GBP/JPY - Pound Yen Discuss the popular currency pair Pound Yen

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Old 07-17-2008, 04:35 AM   #1 (permalink)
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Default INTRA-DAY GBP/USD OUTLOOK by AceTrader
Updating time : 17 Jul 2008 04:24 GMT

As cable has recovered after y'day's selloff to
1.9958, further consolidation abv there is seen n
gain to 2.0040/50 cannot be ruled out but reckon
pivotal res at 2.0097 wud remain intact n yield a
retreat later.

Below 1.9958 wud extend corrective decline fm
2.0162 to 1.9930/35. Stand aside for now...

Range Forecast
1.9995 / 2.0025

Resistance/Support
R: 2.0025/2.0052/2.0097
S: 1.9958/1.9932/1.9881

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