1,9867. 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 is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The consolidation should continue. The price should continue to move in 1,9785 / 1,9950 range. We won't take a position. The risk/reward ratio is too high to take a position..
1,9880 - 1,9950
1,9830 - 1,9785