GBP/USD - British Pound Dollar, European Session - 31/01/08
1,9890. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The price should find a resistance below 1,9950. The consolidation should continue. We won’t take a position. The risk/reward ratio is […]
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