1,6235. GBP USD is in an downtrend directed by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue on 1,6050 support (185 pips).
Resistances
1,6270 - 1,6350
Supports
1,6220 - 1,6190

tags: Forex, gbpusd
author: Arnaud Jeulin
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