1,9872. 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 decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,9950. The consolidation should continue. The price should continue to move in 1,9850 / 1,9950 range. We won't take a position. The risk/reward ratio is too high to take a position..
1,9950 - 1,9965
1,9850 - 1,9800