Short term (Intraday)
1,9472. GBP USD broke 1,9450 resistance. GBP USD is in an uptrend supported by 1H exponential moving averages. The volatility rises. Bollinger bands are deviated. MACD is in a bullish configuration. The uptrend should continue on 2,0000 resistance. We could take a long position at 1,9450. We will put the stop loss below 1,9420 (-30 pips). The targets are 1,9700 (+250 pips) 2,0000 (+550 pips). This is a dangerous trade, take care and put your stop loss. Resistances : 1,9510 - 1,9700 - 2,0000 Supports : 1,9450 - 1,9440 - 1,9400 Chart :
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