GBP/USD - British Pound Dollar
Short term (Intraday)
1,9635. GBP USD is in a consolidation after the last bullish movement. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,9660. The consolidation should continue. If the resistance is broken then the target will be 1,9800.
- Resistances
- 1,9660 - 1,9730
- Supports
- 1,9610 - 1,9550
updated 14 févr 2008 05:54 GMT +02:00
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