Neutral Trend

We need to see a close above (1.5624) or below (1.5276).. GBPUSD is struggling in a battle between both market forces (bulls and bears) the instrument has a trading range to break. Any four hours close above (1.5624) will open the way for a little push upward to test the resistance level at (1.5674), and a four hours close below (1.5276) will let the instrument test the next support level at (1.5226).

Currency Daily Profile

Daily 200 SMA  1.5263
Daily 100 SMA  1.5113
Daily 50 SMA  1.5512
Daily Stochastic 47.2727
10 Days ATR  0.0111

Chart

Important Price Levels
Resistance 1.5509 1.55741.56241.56741.5724
Support 1.53921.53261.52761.52261.5176