GBP/USD - British Pound Dollar
Short term (Intraday)
1,9950. GBP USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 2,0000. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
1,9970 - 2,0000
Supports
1,9920 - 1,9900
Long term chart
GBP/USD - British Pound Dollar

updated 04 avr 2008 06:13 GMT
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