1,6616. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in Bollinger bands.
Resistances
1,6655 - 1,6745
Supports
1,6595 - 1,6475

tags: Forex, gbpusd
author: Arnaud Jeulin
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