INTRA-DAY GBP/USD: 1.5046 Last Update At 05 Mar 2010 02:30 GMT Although intra-day recovery in euro has also lifted sterling in Asia morning, as y’day’s selloff fm 1.5136 to 1.5006 in NY confirms the correction fm Monday’s 10-month low at 1.4781 has ended, conso lidation with downside bias remains. Sell on pullback for 1.5020 n if price extends decline to 1.4985 1st, buy for rebound to 1.5035. Range Forecast 1.5030 / 1.5070 Resistance/Support R: 1.5077/1.5107/1.5136 S: 1.5006/1.4976/1.4917

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