Forex signals: For short term trade, turn long on dips for this move n
take profit on subsequent rise.
INTRA-DAY GBP/USD: 1.5180

Last Update At 01 Mar 2010 09:29 GMT

Despite intra-day resumption of downtrend to a
9-month low at 1.5096, as cable has rebounded at European opening, suggesting a temp. low has been formed there n near term upside bias is seen for minor retrace. to 1.5185 but res 1.5203 wud hold.

For short term trade, turn long on dips for this move n
take profit on subsequent rise.

Range Forecast
1.5145 / 1.5180

Resistance/Support
R: 1.5173/1.5203/1.5267
S: 1.5096/1.5050/1.5006

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