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GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

2,0026. GBP USD is in a consolidation after the last bearish movement. The price is just above 2,0000 support. 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 consolidate. The price should find a support above 2,0000. If the support is broken then the target will be 1,9800.

Resistances
2,0100 - 2,0220
Supports
2,0000 - 1,9920
updated 17 mars 2008 13:58 GMT +02:00

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