1,4689. 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 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should continue to move in 1,4640 / 1,4770 range. If the resistance breaks then the target will be 1,4900 (211 pips).
- 1,4770 - 1,4900
- 1,4640 - 1,4425