1,4537. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,4590 (53 pips). The consolidation should continue. If the resistance breaks then the target will be 1,4950 (413 pips).
- 1,4590 - 1,4675
- 1,4390 - 1,4200