1,6402. GBP USD is in a range between 1,6200 and 1,6620. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,6340 / 1,6510 range.
Resistances
1,6510 - 1,6620
Supports
1,6350 - 1,6200

tags: Forex, gbpusd
author: Arnaud Jeulin
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