1,6454. GBP USD is in a range between 1,6210 and 1,6600. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in 1,6210 / 1,6600 range.
Resistances
1,6485 - 1,6600
Supports
1,6375 - 1,6210

tags: Forex, gbpusd
author: Arnaud Jeulin
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