1,9734. GBP USD is in a range between 1,9690 and 2,0000. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum. The price should find a support above 1,9690. We won't take a position. The risk/reward ratio is too high to take a position..
1,9810 - 1,9890
1,9690 - 1,9660