GBP/USD - British Pound Dollar
Short term (Intraday)
1,9886. GBP USD is in a consolidation after the last bullish movement. GBP USD is in a range between 1,9785 and 1,9945. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,9785 / 1,9950 range. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 1,9900 - 1,9945
- Supports
- 1,9865 - 1,9785
updated 29 févr 2008 06:04 GMT +02:00
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