1,6564. GBP USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,6410 (154 pips). The uptrend should continue on 1,6650 resistance (86 pips).
Resistances
1,6595 - 1,6650
Supports
1,6445 - 1,6360

tags: Forex, gbpusd
author: Arnaud Jeulin
Mataf.net offers technical analysis, forex news and currency converter.