GBP/USD - British Pound Dollar
Short term (Intraday)
1,9528. 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 daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,9400. The consolidation should continue. The price should continue to move in 1,9400 / 1,9550 range. If the resistance is broken then the target will be 1,9650.
- Resistances
- 1,9550 - 1,9650
- Supports
- 1,9475 - 1,9400
updated 12 févr 2008 06:09 GMT +02:00
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