1,9850. GBP USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,9750. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
1,9880 - 1,9960
1,9820 - 1,9750

Arnaud Jeulin