GBP/USD - British Pound Dollar Short term (Intraday)
1,8598. GBP USD is in an uptrend supported by 4H exponential moving averages. The price is just bellow 1,8620 resistance. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The uptrend should continue on 1,8800 resistance. The price should find a support above 1,8520. We could take a long position at 1,8520. We will put the stop loss below 1,8480 (-40 pips). The targets are 1,8620 (+100 pips)
1,8800 (+280 pips). This is a dangerous trade, take care and put your stop loss. Resistances : 1,8620 - 1,8800 Supports : 1,8540 - 1,8520 - 1,8480 Chart :
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