INTRA-DAY GBP/USD: +1.6046+ Last Update At 29 Dec 2009 08:19 GMT Intra-day rally in euro suggests the pound wud follow suit n a breach of previous res at 1.6023 wud signal corrective upmove fm last week’s low at 1.5923 has resumed n head to 1.6040/45, o/bot condi tion is likely to cap price at 1.6065/70. Buy on minor pullback n only below 1.5965/70 wud prolong consolidation, risk weakness to 1.5935/40. Range Forecast +1.6025 / 1.6053+ Resistance/Support R: 1.6053/1.6100/1.6164 S:

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