1,6408. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands.
Resistances
1,6470 - 1,6550
Supports
1,6380 - 1,6265

tags: Forex, gbpusd
author: Arnaud Jeulin
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