1,6362. GBP USD is in a range between 1,6210 and 1,6500. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands.
Resistances
1,6450 - 1,6505
Supports
1,6330 - 1,6210

tags: Forex, gbpusd
author: Arnaud Jeulin
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