GBP/USD is trading in narrow range, weakness only below 1.5630

FX:GBPUSD   British Pound / U.S. Dollar
311 3 6
GBP/USD             is consolidating between 1.5700 and 1.5630 and any weakness can be seen only below 1.5630.

On the higher side it is facing resistance around 1.5700 and break above would extend gains till 1.5750/1.5805 in short term.

Strategy for intraday: We prefer to Buy GBP/USD             above 1.5700 with stop around 1.5650 for the targets of 1.5750/1.5805
Sell only below 1.5630 with stop around 1.5701 for the target of 1.5525