Forex signal: For st trade, turn long on dips for 1.5275 n if
price rises to 1.5290 1st, sell for 1.5240.
INTRA-DAY GBP/USD: 1.5255
Last Update At 19 Apr 2010 04:37 GMT
Although cable has resumed recent decline after
intra-day brief recovery fm 1.5260 (AUS) to 1.5312
earlier, nr term loss of momentum wud prevent steep
fall fm here n reckon 1.5220 wud contain weakness,
bring a much-needed minor rebound later.
For st trade, turn long on dips for 1.5275 n if
price rises to 1.5290 1st, sell for 1.5240.
Range Forecast
1.5225 / 1.5275
Resistance/Support
R: 1.5312/1.5335/1.5360
S: 1.5240/1.5219/1.5172
