GBP/USD - British Pound Dollar, American Session - 18/04/08
1,9929. 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 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a support above 1,9880. The uptrend should continue to gather momentum. The target is expected at 2,0100.
- Resistances
- 2,0000 - 2,0100
- Supports
- 1,9880 - 1,9850
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