1,6400. GBP USD is in a range between 1,6270 and 1,6470. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should continue to move in 1,6270 / 1,6470 range.
Resistances
1,6415 - 1,6470
Supports
1,6345 - 1,6260

tags: Forex, gbpusd
author: Arnaud Jeulin
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