1,6913. 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, daily (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a support above 1,6880 (33 pips). The uptrend should continue to gather momentum.
Resistances
1,6960 - 1,7015
Supports
1,6890 - 1,6830

tags: Forex, gbpusd
author: Arnaud Jeulin
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