RavingEagle
Short

1.51 Level being tested - Short

FX:GBPUSD   British Pound/U.S. Dollar
93 0 1
1.51 level = previous Support, turned Resistance
Established downtrend -> Consolidation over 1.51 level -> possible Downtrend continuation

1.51 level broken to the downside
1.51 level being tested, at Resistance, with possible Price Action exhaustion (overbought)

Target -> Market Memory -> Low formed near 1.48258, from MAR to JUL 2013            
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