GBP/USD - British Pound Dollar
Short term (Intraday)
1,9856. GBP USD is in a range between 1,9785 and 1,9950. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 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
- 1,9865 - 1,9950
- Supports
- 1,9810 - 1,9785
updated 03 mars 2008 14:05 GMT +02:00
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