1,5907. 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 rises. Bollinger bands are deviated. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The consolidation should continue. The price should continue to move in 1,5820 / 1,6090 range.
- 1,5990 - 1,6090
- 1,5885 - 1,5820