Forex Market Outlook on Majors |
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INTRA-DAY GBP/USD: Last Update At 09 Jul 2009 08:05 GMT Rate : +1.6147+ As cable has risen after finding renewed buying 1.6082, suggesting upmove fm y'day's low at 1.5983 to retrace recent decline wud extend twd 1.6180/90, however, reckon 1.6210 wud limit upside n risk has increased for a retreat later today. Raise entry lvl with stop as indicated n only below 1.6075/82 wud signal intra-day top is made. Range Forecast +1.6130 / 1.6165+ Resistance/Support R: 1.6172/1.6198/1.6260 S:
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