1,6382. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,6420 (38 pips). The price should continue to move in Bollinger bands.
Resistances
1,6420 - 1,6500
Supports
1,6365 - 1,6235

tags: Forex, gbpusd
author: Arnaud Jeulin
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