» GBP/USD - British Pound Dollar, American Session - 27/03/08

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GBP/USD - British Pound Dollar, American Session - 27/03/08

2,0166. GBP USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. 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 to gather momentum. The target is expected at 2,0300.
Resistances
2,0200 - 2,0300
Supports
2,0135 - 2,0100

Arnaud Jeulin

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This entry was posted on Thursday, March 27th, 2008 at 14:42 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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