Tuesday, March 25, 2008

GBPUSD

GBP USD is in a range between 1.9750 and 1.9930. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The price should continue to move in 1.9750 / 1.9950 range. If the resistance is broken then the target will be 2.0300.


No comments: