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GBP/USD - British Pound Dollar, European Session - 03/03/08

03 3rd, 2008

1,9859. GBP USD is in a range between 1,9785 and 1,9950. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 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
1,9865 - 1,9950
Supports
1,9835 - 1,9785

Source : GBP USD

Published in GBP USD | No Comments »

GBP/USD - British Pound Dollar, European Session - 29/02/08

02 29th, 2008

1,9886. GBP USD is in a consolidation after the last bullish movement. GBP USD is in a range between 1,9785 and 1,9945. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 1,9785 / 1,9950 range. We won’t take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9900 - 1,9945
Supports
1,9865 - 1,9785

Source : GBP USD

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GBP/USD - British Pound Dollar, Asian Session - 28/02/08

02 28th, 2008

1,9890. GBP USD is in a consolidation after the last bullish movement. GBP USD is in a range between 1,9785 and 1,9945. The volatility is high. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. 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
1,9900 - 1,9945
Supports
1,9865 - 1,9785

Source : GBP USD

Published in GBP USD | No Comments »

GBP/USD - British Pound Dollar, American Session - 28/02/08

02 28th, 2008

1,9867. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The consolidation should continue. The price should continue to move in 1,9785 / 1,9950 range. We won’t take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9880 - 1,9950
Supports
1,9830 - 1,9785

Source : GBP USD

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GBP/USD - British Pound Dollar, European Session - 28/02/08

02 28th, 2008

1,9837. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. 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
1,9860 - 1,9940
Supports
1,9790 - 1,9750

Source : GBP USD

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GBP/USD - British Pound Dollar, Asian Session - 27/02/08

02 27th, 2008

1,9818. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The price is just bellow 1,9950 resistance. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. We won’t take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9850 - 1,9950
Supports
1,9790 - 1,9700

Source : GBP USD

Published in GBP USD | No Comments »

GBP/USD - British Pound Dollar, American Session - 27/02/08

02 27th, 2008

1,9872. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,9950. The consolidation should continue. The price should continue to move in 1,9850 / 1,9950 range. We won’t take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9950 - 1,9965
Supports
1,9850 - 1,9800

Source : GBP USD

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GBP/USD - British Pound Dollar, European Session - 27/02/08

02 27th, 2008

1,9872. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue to gather momentum. The price should find a resistance below 1,9900 (30 pips) / 1,9950 (80 pips).
Resistances
1,9900 - 1,9950
Supports
1,9840 - 1,9800

Source : GBP USD

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GBP/USD - British Pound Dollar, Asian Session - 26/02/08

02 26th, 2008

1,9875. GBP USD broke 1,9710 resistance. GBP USD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue on 1,9950 resistance.
Resistances
1,9880 - 1,9950
Supports
1,9800 - 1,9750

Source : GBP USD

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GBP/USD - British Pound Dollar, European Session - 26/02/08

02 26th, 2008

1,9655. GBP USD is in a consolidation after the last bullish movement. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a support above 1,9610. If the support is broken then the target will be 1,9400.
Resistances
1,9665 - 1,9710
Supports
1,9645 - 1,9610

Source : GBP USD

Published in GBP USD | No Comments »

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