British Pound Dollar (GBP/USD) - 27/02/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9818. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The price is just bellow 1,9950 resistance. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,9850 - 1,9950
Supports
1,9790 - 1,9700
updated 27 févr 2008 22:07 GMT +02:00

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