British Pound Dollar (GBP/USD) - 06/02/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9590. GBP USD is in an downtrend directed by 1H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 1,9400 (190 pips) support.

Resistances
1,9615 - 1,9660
Supports
1,9570 - 1,9500
updated 06 févr 2008 13:50 GMT +02:00

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