GBP/USD - British Pound Dollar
Short term (Intraday)
1,9872. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue to gather momentum. The price should find a resistance below 1,9900 (30 pips) / 1,9950 (80 pips).
- Resistances
- 1,9900 - 1,9950
- Supports
- 1,9840 - 1,9800
updated 27 févr 2008 06:21 GMT +02:00
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