GBP/USD - British Pound Dollar
Short term (Intraday)
2,0125. GBP USD broke 2,0220 support. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are parallel and form the trend. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should find a support above 2,0100. The price should consolidate. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 2,0220 - 2,0395
- Supports
- 2,0100 - 2,0000
updated 17 mars 2008 06:14 GMT +02:00
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