Global Time   New York 9:12 am  London 2:12 pm  Zurich 3:12 pm  Dubai 5:12 pm  Shanghai 9:12 pm  Tokyo 10:12 pm  
Pair Menu
Select Pair
arr_blue
Global Interest Rates
Australia 7.25%
Canada 3.5%
EMU 4%
Japan 0.5%
Swiss 2.75%
England 5%
US 2.25%
Forex News
Subscribe Now
Advertisements

Technicals

GBP/USD - British Pound Dollar, European Session - 16/05/08

Font Scale:
16 May 2008 @ 01:55 am EST
  • Print
  • E-Mail

1,9480. There is an horizontal range between 1,9425 and 1,9500. Support and resistance are given by Bollinger bands. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,9400 / 1,9525 range. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,9500 - 1,9525
Supports
1,9460 - 1,9400

Currencies
arr_blue
07/24/2008
Last
Change
%change
Time
advertisement

greets

i greet everyone. My name is fxjo. i am new to this community and i pray we benefit from each other. Thanks. fxjo

Gandycookie's signals

In this topic we are going to review the financial forecast on forex market. gandycookie

new here

hi guys im new here, hope to learn trading,shares and stocks from you guys.....:) zero_digit

Advertisement
Latest Forex Research Reports

Find the most up to date research from leading investment firms to make the most informed investing decisions

 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives