1,6287. GBP USD is in a consolidation after the last bearish movement. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 1,6150 support (137 pips).
Resistances
1,6330 - 1,6390
Supports
1,6200 - 1,6150

tags: Forex, gbpusd
author: Arnaud Jeulin
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