Monday, March 31, 2008

GBP/USD - British Pound Dollar
Short term (Intraday)
1,9876. GBP USD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 1,9800 support.

Resistances
1,9900 - 1,9975
Supports
1,9800 - 1,9765
Long term chart
GBP/USD - British Pound Dollar

updated 31 mars 2008 14:14 GMT


.

No comments: