2,0174. 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 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a support above 2,0120. The uptrend should continue to gather momentum. The target is expected at 2,0500.
Resistances
2,0220 - 2,0280
Supports
2,0160 - 2,0100