1,6718. GBP USD broke 1,6575 resistance. GBP USD is in a consolidation after the last bullish movement. The volatility is high. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a support above 1,6680 (38 pips). The uptrend should continue on 1,7100 resistance (382 pips).
Resistances
1,6775 - 1,6900
Supports
1,6650 - 1,6575

tags: Forex, gbpusd
author: Arnaud Jeulin
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