ACTIV8X

GbpUsd: after a four bearish streak, will it go back to 1.51646?

FX:GBPUSD   British Pound/U.S. Dollar
The GbpUsd             closed its fourth consecutive session in the red. It is currently heading towards its 3 months support level around 1.51646. The last time it hit that level it bounced back, and rallied beyond 1.55843.

Breaking through 1.52636 will suggest an upward movement towards 1.52880.

Breaching 1.52283 will send it back to its 3 months support level around 1.51646.

The daily Pivot Point is around 1.52749. The daily support levels are around 1.51843 and 1.51303. The daily resistance levels are around 1.53289 and 1.54195.
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