British Pound Dollar (GBP/USD) - 10/03/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

2,0174. 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 is low. Bollinger bands are flat. 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 2,0120. The uptrend should continue to gather momentum. The target is expected at 2,0500.

Resistances
2,0220 - 2,0280
Supports
2,0160 - 2,0100
updated 10 mars 2008 14:14 GMT +02:00

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