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Old 20th February 2009, 06:42
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Default Intraday trading signal for GBP/USD - 1.4224

Intraday trading signal for GBP/USD - 1.4224

By AceTrader : http://www.acetraderfx.com

Although cable has fallen in tandem with euro n
the retreat fm y'day's high at 1.4449 may extend to
1.4190/00, if our daily bullish outlook is correct,
sup at 1.4176 shud limit downside n bring rebound,
abv 1.4265/70 wud yield subsequent gain to 1.4300.

Stand aside n buy for day trade as only below
1.4150 indicates correction fm 1.4092 low is over..

Range Forecast
1.4215 / 1.4245

Resistance/Support
R: 1.4267/1.4300/1.4361
S: 1.4213/1.4176/1.4092
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