Intra-day Gbp/usd Outlook By Acetrader - Forex Forum

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> Intra-day Gbp/usd Outlook By Acetrader, INTRA-DAY GBP/USD OUTLOOK by AceTrader
AcetraderFX
post Oct 20 2008, 8:24
Post


Updating time : 20 Oct 2008 07:22 GMT

As cable's upmove has gathered momentum, sugges
ting erratic rise fm 1.7136 low remains in progress
n gain twds 1.7525/35 wud be seen, however, o/bot
condition shud limit upside n reckon 1.7575/80 wud
hold fm here.

Raise long entry with stop as indicated, break
wud risk 1.7400 b4 up...

Range Forecast
+1.7445 / 1.7490+

Resistance/Support
R: 1.7515/1.7602/1.7660
S: 1.7460/1.7397/1.7290

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