GBP/USD - British Pound Dollar, European Session - 24/08/09

By @ibtimes on

1,6519. GBP USD is in a range between 1,6375 and 1,6595. GBP USD 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 Bollinger bands.

1,6550 - 1,6595
1,6470 - 1,6375

tags: Forex, gbpusd
author: Arnaud Jeulin offers technical analysis, forex news and currency converter.

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