1,6267. GBP USD is in a consolidation after the last bullish movement. 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. The price should continue to move in 1,5980 / 1,6380 range.
Resistances
1,6295 - 1,6380
Supports
1,6160 - 1,5980

tags: Forex, gbpusd
author: Arnaud Jeulin
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