- GBP/USD is struggling to break trend line resistance 1.5305 and any break above would extend gains till 1.5350./1.53850.
- On the downside minor support is around 1.5230 and any break below will drag the pair further down till 1.5160/1.5080.
- Overall bearish invalidation only above 1.5350.
It is good to sell around 1.52700 with SL around 1.5305 for the TP 1.5160.
The material has been provided by InstaForex Company – www.instaforex.com