1,9950. 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. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue on 2,0180 resistance.
=> We could take a long position at 1,9940. We will put the stop loss below 1,9890 (-50 pips). The targets are 2,0050 (+110 pips) 2,0180 (+240 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
1,9950 - 2,0000
1,9900 - 1,9830