Monday, April 14, 2008

GBPJPY . GBPUSD

GBP USD is in a range between 1.9650 and 1.9850. The volatility is low and is in a bearish configuration. The price should find a support above 1.9650. If the support is broken then the target will be 1.9400.

GBP JPY is in a consolidation. The volatility decreases. Bollinger bands are tightened and indicates a bearish pressure. The price should find a support above 198.50. If the support is broken then the target will be 197.00.

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