British Pound Dollar (GBP/USD) - 05/05/2008 - Archive

GBP/USD - British Pound Dollar

GBP/USD - British Pound Dollar

Short term (Intraday)

1,9692. GBP USD is in a range between 1,9625 and 1,9910. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,9600 / 1,9900 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,9715 - 1,9780
Supports
1,9665 - 1,9600
updated 05 mai 2008 13:47 GMT +02:00

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