1,6099. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The price should continue to move in 1,5980 / 1,6380 range.
Resistances
1,6240 - 1,6380
Supports
1,6075 - 1,5980

tags: Forex, gbpusd
author: Arnaud Jeulin
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