1,6469. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should continue to move in 1,6200 / 1,6635 range.
Resistances
1,6505 - 1,6625
Supports
1,6330 - 1,6200

tags: Forex, gbpusd
author: Arnaud Jeulin
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