1,6545. GBP USD is in a consolidation after the last bullish movement. The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The price should find a resistance below 1,6560 (15 pips). If the resistance breaks then the target will be 1,6750 (205 pips).
Resistances
1,6560 - 1,6640
Supports
1,6470 - 1,6345

tags: Forex, gbpusd
author: Arnaud Jeulin
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