1,6444. GBP USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 1,6300 support (144 pips).
Resistances
1,6495 - 1,6585
Supports
1,6415 - 1,6300

tags: Forex, gbpusd
author: Arnaud Jeulin
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