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Forex Trading Signals

GBP/USD Intra-day signals by AceTrader

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by , 05-04-2010 at 02:47 AM (570 Views)
INTRA-DAY GBP/USD: 1.5245

Last Update At 04 May 2010 05:53 GMT

Despite intra-day anticipated weakness after
meeting renewed selling at 1.5265 n marginal fall
below y'day's low at 1.5212, as nr term erratic decline fm 1.5390 (Fri) is losing momentum, reckon 1.5176/80 wud remain intact n bring rebound later.


Turn long on further fall but abv 1.5283 needed
to confirm aforesaid decline has ended.

Range Forecast
1.5200 / 1.5235

Resistance/Support
R: 1.5283/1.5316/1.5345
S: 1.5212/1.5176/1.5126

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