GBP/USD - British Pound Dollar
Short term (Intraday)
1,9891. GBP USD is in an uptrend supported by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,9950. The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,9950 - 2,0000
- Supports
- 1,9860 - 1,9810
updated 30 janv 2008 21:46 GMT +02:00
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