British Pound Dollar (GBP/USD) - 12/03/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

2,0131. 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 2,0000 and 2,0170. Support and resistance are given by Bollinger bands. The volatility is high. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 2,0000. The uptrend should continue on 2,0500 resistance.

Resistances
2,0180 - 2,0300
Supports
2,0090 - 2,0000
updated 12 mars 2008 05:59 GMT +02:00

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