1,6405. GBP USD is in a consolidation after the last bearish movement. The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should find a resistance below 1,6415 (10 pips). The consolidation should continue.
Resistances
1,6415 - 1,6470
Supports
1,6350 - 1,6285

tags: Forex, gbpusd
author: Arnaud Jeulin
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