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| Global Interest Rates | |||
 Australia |
4.25% | ||
 Canada |
1.5% | ||
 EMU |
2.5% | ||
 Japan |
0.1% | ||
 Swiss |
0.5% | ||
 England |
1.5% | ||
 US |
0.25% | ||
Data by fxstreet.com
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Technicals
GBP/USD - British Pound Dollar, American Session - 14/10/08
14 Oct, 2008 @ 05:51 am EST
1,7583. GBP USD broke the downtrend to begin a bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,7650 (67 pips). The price should consolidate. We won't take a position.
- Resistances
- 1,7650 - 1,7800
- Supports
- 1,7400 - 1,7250
Comments
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