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GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9655. 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. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a support above 1,9610. If the support is broken then the target will be 1,9400.

Resistances
1,9665 - 1,9710
Supports
1,9645 - 1,9610
updated 26 févr 2008 06:42 GMT +02:00

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