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Forex Trading Signals

GBP/USD Intra-day signal by AceTrader

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by , 08-12-2010 at 04:52 AM (536 Views)
INTRA-DAY GBP/USD: 1.5680

Last Update At 12 Aug 2010 08:30 GMT

Cable's retreat after faltering below 1.5714
suggests further choppy consolidation with downside bias wud be seen, however, breach of 1.5654 needed to confirm recovery fm 1.5615 has ended n yield resumption of decline for re-test of said sup.

Range Forecast
1.5670 / 1.5710


Resistance/Support
R: 1.5714/1.5736/1.5770
S: 1.5639/1.5615/1.5597

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