1,9937. GBP USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue on 2,0180 resistance.
=> We could take a long position at 1,9930. We will put the stop loss below 1,9890 (-40 pips). The targets are 2,0000 (+70 pips) 2,0050 (+120 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
1,9950 - 2,0000
1,9900 - 1,9830