Neutral Trend

We need to see a close above (1.5541) or below (1.5286).. 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 (1.5541) will open the way for a little push upward to test the resistance level at (1.5633), and a four hours close below (1.5286) will let the instrument test the next support level at (1.5188).

Currency Daily Profile

Daily 200 SMA  1.5249
Daily 100 SMA  1.5136
Daily 50 SMA  1.5533
Daily Stochastic 43.8144
10 Days ATR  0.0118

Chart

Important Price Levels
Resistance 1.55311.56331.57341.58151.5916
Support 1.54221.53701.52961.51881.5087