GBP/USD - British Pound Dollar
Short term (Intraday)
1,9837. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,9860 - 1,9940
- Supports
- 1,9790 - 1,9750
updated 28 févr 2008 05:49 GMT +02:00
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