1,6469. GBP USD is in a consolidation after the last bullish movement. GBP USD is in a range between 1,6210 and 1,6560. The volatility rises. Bollinger bands are tightened. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue on 1,6560 resistance (91 pips).
Resistances
1,6480 - 1,6560
Supports
1,6420 - 1,6375

tags: Forex, gbpusd
author: Arnaud Jeulin
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