1,4467. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. If the support breaks then the target will be 1,4350 (117 pips).
- 1,4580 - 1,4660
- 1,4450 - 1,4350