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Analysis updated since 18 h
GBP/USD - British Pound Dollar
Short term (Intraday)
1,6389. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The consolidation should continue. The price should continue to move in Bollinger bands.
We won't take a position. The actual configuration is not clear enough to follow the trend.
- Resistances
- 1,6470 - 1,6540
- Supports
- 1,6360 - 1,6230
- Long term chart
- GBP/USD - British Pound Dollar
updated 17 juil 2009 05:22 GMT
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