GBP USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H is worth watching - in theory it should go lower 1.9330. - get ready for the new lows. The price should find a resistance below 1,9820. The consolidation should continue. The risk/reward ratio is too high to take a position..
Resistances
1,9880 - 1,9960
Supports
1,9820 - 1,9720
No comments:
Post a Comment