British Pound Dollar (GBP/USD) - 31/01/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9890. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The price should find a resistance below 1,9950. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,9950 - 2,0000
Supports
1,9825 - 1,9730
updated 31 janv 2008 05:52 GMT +02:00

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