British Pound Dollar (GBP/USD) - 18/01/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9609. GBP USD is in a range between 1,9520 and 1,9800. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Oscillators are neutral. The price should continue to move in 1,9520 / 1,9800 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,9670 - 1,9800
Supports
1,9570 - 1,9520
updated 18 janv 2008 12:58 GMT +02:00

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