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Forex Trading Signals

GBP/USD Intra-day signal by AceTrader

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by , 01-04-2011 at 04:30 AM (461 Views)
INTRA-DAY GBP/USD: 1.5545

Last Update At
04 Jan 2011 08:56 GMT

As cable's intra-day cross-inspired rise has
gathered momentum after penetrating Asian morning high of 1.5506 (now sup), suggesting further volatile trading abv y'day's 1.5434 (NY) low wud continue but abv 1.5562 needed to extend twd 1.5595/00.

Turn long on dips n only below 1.5395/00 wud confirm top is in place n risk weakness twd 1.5455.

Range Forecast
1.5530 / 1.5560

Resistance/Support
R: 1.5562/1.5595/1.5610
S: 1.5506/1.5455/1.5434

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