1,6304. GBP USD is in a range between 1,6155 and 1,6385. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,6155 / 1,6385 range.
1,6320 - 1,6385
1,6255 - 1,6155

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