1,6632. GBP USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 1,6550 support (82 pips).
Resistances
1,6650 - 1,6725
Supports
1,6610 - 1,6550

tags: Forex, gbpusd
author: Arnaud Jeulin
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