2,0067. GBP USD is in an uptrend supported by 4H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. There is an horizontal range between 1,9995 and 2,0200. Support and resistance are given by Bollinger bands. The volatility is high. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..
- 2,0085 - 2,0200
- 2,0000 - 1,9950