GBP/USD - British Pound Dollar
Short term (Intraday)
0,9795. GBP USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The consolidation should continue. The price should find a resistance below 1,9800. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,9800 - 1,9875
- Supports
- 1,9660 - 1,9640
updated 25 janv 2008 05:26 GMT +02:00
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