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June 24, 2008

GBP/USD – American Session – 24/06/08

Posted in: Currency, Forex, Forex Calendar, Forex Income, Forex Indicator, Forex Info, Forex News, Forex Signal

Short term (Intraday)

1,9664. GBP/USD currency pair moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 1,9580 / 1,9800 range.

Resistances 1,9670 – 1,9790
Supports 1,9625 – 1,9580

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