British Pound Dollar (GBP/USD) - 20/02/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9406. GBP USD broke 1,9465 support. GBP USD is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should find a support above 1,9370 / 1,9400. If the support is broken then the target will be 1,9100.

Resistances
1,9450 - 1,9500
Supports
1,9400 - 1,9370
updated 20 févr 2008 13:48 GMT +02:00

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