1,9552. GBP USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should find a support above 1,9500. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,9600 - 1,9675
1,9520 - 1,9460