1,9576. GBP USD is in an downtrend directed by 4H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. GBP USD is in a range between 1,9500 and 1,9640. The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,9500 / 1,9640 range. We won't take a position.
1,9640 - 1,9700
1,9560 - 1,9500