1,9861. GBP USD broke 1,9880 support. 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). The volatility is high. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The consolidation should continue. The price should continue to move in 1,9800 / 1,9900 range. We won't take a position. The risk/reward ratio is too high to take a position..
1,9880 - 1,9920
1,9835 - 1,9800