» GBP/USD - British Pound Dollar, American Session - 26/03/08

GBP/USD - British Pound Dollar, American Session - 26/03/08

1,9987. GBP USD broke 2,0000 support. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. 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
2,0000 - 2,0065
Supports
1,9935 - 1,9900

Arnaud Jeulin

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This entry was posted on Wednesday, March 26th, 2008 at 15:36 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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