INTRA-DAY GBP/USD: 1.4365

Last Update At 26 May 2010 05:57 GMT

Despite falling in tandem with euro just ahead
of European opening to 1.4350, present minor bounce
suggests intra-day decline fm 1.4449 (AUS) has 'pos
sibly' made a low there n abv 1.4395 wud signal the
pullback 1.4449 to retrace y'day's rise has ended.


Exit short n stand aside. Abv 1.4395 wud yield
1.4420/30 whilst below 1.4350 extends to 1.4236.

Range Forecast
1.4350 / 1.4390


Resistance/Support
R: 1.4395/1.4425/1.4449
S: 1.4350/1.4336/1.4306

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