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GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9613. GBP USD is in a consolidation after the last bullish movement. GBP USD is in a range between 1,9550 and 1,9650. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.

Resistances
1,9650 - 1,9675
Supports
1,9550 - 1,9490
updated 13 févr 2008 13:40 GMT +02:00

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