British Pound Dollar (GBP/USD) - 04/02/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9765. GBP USD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. The price should continue to move in 1,9650 / 1,9780 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,9780 - 1,9850
Supports
1,9730 - 1,9650
updated 04 févr 2008 14:11 GMT +02:00

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