1,5938. GBP USD is in an downtrend directed by 1H exponential moving averages. GBP USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue.
Resistances
1,5950 - 1,6090
Supports
1,5860 - 1,5770

tags: Forex, gbpusd
author: Arnaud Jeulin
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