ACTIV8X

GbpUsd: To continue its bearish slide?

FX:GBPUSD   British Pound / U.S. Dollar
The GbpUsd             closed in the red, after a disappointing GDP report that sent the cable back to its 1.52880 support level . Breaking out will send it south towards 1.52484. Today, The cable will have 1.53209 as a resistance.

Failing to breakout 1.52880, will send the cable back to 1.53595, with 1.53391 as a primary objective.

The daily Pivot Point is around 1.53137. The daily support levels are around 1.52687 and 1.52380. The daily resistance levels 1.53444 and 1.53894.
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