GBP/USD - British Pound Dollar

March 31, 2008

1,9926. GBP USD broke 2,0000 support. GBP USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The downtrend should continue on 1,9800 (120 pips) support.

Resistances

1,9975 - 2,0065

Supports

1,9880 - 1,9800

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