ACTIV8X

GBPUSD: Breaking out of its consolidation?

FX:GBPUSD   British Pound/U.S. Dollar
140 0 3
The GbpUsd             finished another day attempting to breakout 1.55047, and failing. The cable will be heading south towards 1.53595, with 1.53990 as a primary objective, should it breakout 1.54282.

The GbpUsd             will head to 1.55843, should it breakout 1.55047, with 1.55394 as a primary objective. In this case 1.5474 will be the support level .

The daily Pivot Point is around 1.54611. The daily support levels are around 1.54160 and 1.53905. The daily resistance levels are around 1.54866 and 1.55317.
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