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GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9847. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The consolidation should continue. The price should find a resistance below 1,9900. If the resistance is broken then the target will be 2,0100 (250 pips).

Resistances
1,9860 - 1,9950
Supports
1,9810 - 1,9700
updated 28 janv 2008 13:41 GMT +02:00

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