05-13-2010, 08:30 AM
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Superior Investor
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Join Date: Sep 2008
Posts: 11,435
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GBP/USD Daily Outlook
GBP/USD is still staying in tight range between 1.4719 and 1.5053 for the moment and intraday bias remains neutral. On the downside, below 1.4719 minor support will reaffirm the case that rebound from 1.4475 is finished and will flip intraday bias back to the downside for retesting this low. On the upside, break of 1.5035 will bring another rise and put 1.5521 key resistance back into focus.
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