1,6230. GBP USD is in a consolidation after the last bearish movement. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should continue to move in 1,6000 / 1,6330 range.
- 1,6250 - 1,6330
- 1,6100 - 1,6020