GBP/USD - British Pound Dollar
Short term (Intraday)
1,9432. GBP USD broke 1,9425 support. GBP USD is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue to gather momentum. The target is expected at 1,9200 (230 pips).
- Resistances
- 1,9480 - 1,9525
- Supports
- 1,9430 - 1,9400
updated 21 janv 2008 22:13 GMT +02:00
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