Wednesday, April 2, 2008

GBP/USD - British Pound Dollar
Short term (Intraday)
1,9790. GBP USD is in an downtrend directed by 1H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. The price should find a support above 1,9740. If the support is broken then the target will be 1,9400.

Resistances
1,9840 - 1,9890
Supports
1,9745 - 1,9720
Long term chart
GBP/USD - British Pound Dollar

updated 02 avr 2008 14:00 GMT


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