1,6524. 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. The consolidation should continue. The price should continue to move in 1,6400 / 1,6560 range.
Resistances
1,6560 - 1,6650
Supports
1,6400 - 1,6320

tags: Forex, gbpusd
author: Arnaud Jeulin
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