1,6169. GBP USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should find a support above 1,6100 (69 pips).
Resistances
1,6205 - 1,6385
Supports
1,6115 - 1,6100

tags: Forex, gbpusd
author: Arnaud Jeulin
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