05.21.08
GBP/USD - European Session - 21/05/08
1,9684. GBP/USD currency pair is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP/USD. The price should find a resistance below 1,9730. The consolidation should continue.
Resistances 1,9730 - 1,9800
Supports 1,9630 - 1,9540
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GBP/USD - European Session - 21/05/08 said,
May 21, 2008 at 8:49 am
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