Intraday Forex Signal by AceTrader - GBP/USD

Updating time : 17 Apr 2009 06:26 GMT

Rate: 1.4808

Present anticipated selloff suggests decline
fm 1.5069 to retrace recent upmove has resumed n
further weakness to 1.4780 (prev. res) is envisaged
after minor consolidation but o/sold condition wud
limit downside to 1.4740/46.

Sell again on recovery with stop as indicated
only abv 1.4871 wud risk gain to 1.4908...

Range Forecast
1.4780 / 1.4820

Resistance/Support
R: 1.4871/1.4908/1.4946
S: 1.4780/1.4746/1.4662