Neutral Trend

We need to see a close above (1.5541) or below (1.5365).. 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 (1.5626), and a four hours close below (1.5365) will let the instrument test the next support level at (1.5349).

Currency Daily Profile

Daily 200 SMA 1.5244

Daily 100 SMA 1.5145 

Daily 50 SMA 1.5537 

Daily Stochastic 52.4169

10 Days ATR 0.0115


Important Price Levels
Resistance1.5468 1.5524 1.5626 1.5676 1.5726
Support1.53491.5296 1.5218 1.5168 1.5118