1,9820. GBP USD is in a range between 1,9770 and 2,0010. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. Oscillators are neutral. The downtrend should continue to gather momentum. The price should find a support above 1,9770. We won't take a position. The risk/reward ratio is too high to take a position..
1,9870 - 1,9975
1,9790 - 1,9750