1,4272. GBP USD is in a range between 1,4130 and 1,4320. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,4130 / 1,4320 range. If the support breaks then the target will be 1,3900 (372 pips).
- 1,4320 - 1,4560
- 1,4130 - 1,4020