British Pound Dollar (GBP/USD) - 05/02/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9657. GBP USD is in a consolidation after the last bearish movement. GBP USD is in a range between 1,9650 and 1,9780. The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should find a support above 1,9650. If the support is broken then the target will be 1,9400 (250 pips).

Resistances
1,9710 - 1,9780
Supports
1,9650 - 1,9550
updated 05 févr 2008 13:45 GMT +02:00

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