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Old 10-07-2008, 07:20 PM
AceTraderFX AceTraderFX is offline
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Join Date: Oct 2007
Posts: 120
Default GBP/USD OUTLOOK by AceTrader

Updating time : 08 Oct 2008 01:25 GMT

Despite intra-day brief drop to 1.7427, subse-
quent rebound suggests further choppy consolidation
wud be seen n gain to 1.7545 cannot be ruled out,
however, reckon 1.7600/05 wud cap upside n yield
another decline later.

Below 1.7460 wud bring weakness to 1.7427 n then
1.7410. Suggest to stand aside in the meantime...

Range Forecast
1.7490 / 1.7530

Resistance/Support
R: 1.7559/1.7632/1.7660
S: 1.7427/1.7363/1.7320

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