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Technicals

GBP/USD - British Pound Dollar, European Session - 15/10/08

14 Oct, 2008 @ 10:50 pm EST
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1,7462. GBP USD is in a consolidation after the last bullish movement. The volatility is high. Oscillators are neutral. The price should find a resistance below 1,7650 (188 pips). The consolidation should continue. We won't take a position.
Resistances
1,7475 - 1,7650
Supports
1,7380 - 1,7250

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