British Pound Dollar (GBP/USD) - 18/02/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9521. GBP USD broke 1,9580 support. GBP USD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 1,9400 (120 pips) support.

Resistances
1,9545 - 1,9580
Supports
1,9490 - 1,9400
updated 18 févr 2008 14:04 GMT +02:00

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