GBPUSD
1.5270
we see the downside scenario if market keep trading below this level 1.5400 and settled below it, where the price is near from 1.5230 as we mentioned.
we monitor the price carefully, breaking the mentioned level will push the price to achieve more decline, which its next target reach 1.51, while upwards to breach 1.5400 represents the key to regain the main bullish trend and stop the current bearish correction. However, if the market is traded higher than 1.5550s then a pull back and re-test to 1.56s is highly expected.
| Support | Resistence | |
| Level 1 | 1.5230 | 1.5380 |
| Level 2 | 1.5165 | 1.5420 |
| Level 3 | 1.5100 | 1.5550 |
