British Pound Dollar (GBP/USD) - 24/01/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9763. GBP USD broke 1,9640 resistance. GBP USD is in an uptrend supported by 15min exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue to gather momentum. The price should find a resistance below 1,9800 (35 pips).

Resistances
1,9785 - 1,9800
Supports
1,9640 - 1,9470
updated 24 janv 2008 21:37 GMT +02:00

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