British Pound Dollar (GBP/USD) - 07/03/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

2,0115. 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, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a support above 2,0050. The uptrend should continue on 2,0300 (280 pips) resistance.

Resistances
2,0140 - 2,0200
Supports
2,0050 - 1,9960
updated 07 mars 2008 05:55 GMT +02:00

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