rauan
Long

GBPUSD has tested weekly support 1.4910

FX:GBPUSD   British Pound/U.S. Dollar
I. GBPUSD             has tested weekly support from 2008 highs.
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II. On 4-hour timeframe GBPUSD             has tested and bounced twice from dynamic support created by connecting minimum levels from 08.Jul and 04.Sep, 1.5330 and 1.5163, accordingly.
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III             . Hourly timeframe confirms 1.4910 support level and signal line 1.4970.
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Close above 1.4970 would confirm GBPUSD             rebound from important support 1.4910 in direction of first target 1.5105.

Alternative scenario: decline below 1.4900 down to following static level 1.4830.

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