1,3899. GBP USD is in an downtrend directed by 1H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 1,4060 (161 pips). The consolidation should continue. The price should continue to move in 1,3700 / 1,4050 range.
1,3970 - 1,4050
1,3840 - 1,3720