1,4581. GBP USD broke 1,4635 support. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility rises. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should find a support above 1,4540 (41 pips). The consolidation should continue. If the support breaks then the target will be 1,4400 (181 pips).
- 1,4640 - 1,4780
- 1,4545 - 1,4400