Forex signal: Hold long for this move, stop as indicated n
only below 1.4820/23 wud risk re-test of 1.4798.
INTRA-DAY GBP/USD: 1.4870
Last Update At 26 Mar 2010 06:15 GMT
Cable has finally retreated after intra-day rise
to 1.4894 in Asian morning, as this move signals
recent erratic decline has made a temp. low y’day
at 1.4798, consolidation with mild upside bias
remains but abv 1.4913 needed to extend twd 1.4955.
Hold long for this move, stop as indicated n
only below 1.4820/23 wud risk re-test of 1.4798.
Range Forecast
1.4855 / 1.4885
Resistance/Support
R: 1.4894/1.4912/1.4955
S: 1.4854/1.4823/1.4798
