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AceTraderFx's Commentaries

Mar 18 2010

GBP/USD Intraday signal by AceTrader

by AceTraderFx
Overall Rating: Average rating is: 0 stars.

Forex signal: Turn 'cautious' buyer for this move n only below
1.5260/70 sup signals top is made, risks 1.5210/20.
http://www.acetraderfx.com

INTRA-DAY GBP/USD: 1.5291

Last Update At 18 Mar 2010 06:24 GMT

Despite intra-day euro-led weakness, as price
has ratcheted higher after finding renewed buying
earlier at 1.5271, suggesting choppy consolidation
with mild upside bias remains but abv 1.5350/55 is
needed to bring re-test of y'day's high at 1.5382.

Turn 'cautious' buyer for this move n only below
1.5260/70 sup signals top is made, risks 1.5210/20.

Range Forecast
1.5285 / 1.5315


Resistance/Support
R: 1.5369/1.5382/1.5422
S: 1.5271/1.5227/1.5210



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