British Pound Dollar (GBP/USD) - 11/03/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

2,0067. GBP USD is in an uptrend supported by 4H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. There is an horizontal range between 1,9995 and 2,0200. Support and resistance are given by Bollinger bands. The volatility is high. Bollinger bands are flat. Oscillators are neutral. 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
2,0085 - 2,0200
Supports
2,0000 - 1,9950
updated 11 mars 2008 22:19 GMT +02:00

FAQ Technical analysis

You have a question on technical analysis? just ask in the forum!

Latest technical analysis

Forex Forum

English
Français