1,5884. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 1,5860 (24 pips). The uptrend should continue to gather momentum.
- 1,5950 - 1,6000
- 1,5860 - 1,5750