1,6936. 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 is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a support above 1,6910 (26 pips). The uptrend should continue to gather momentum.
- 1,7000 - 1,7050
- 1,6910 - 1,6820