GBP/USD faces trend line resistance at 1.5620,targets 1.5460

GBP/USD has recovered from the low of 1.5423 (Aug 7th low) till 1.56140 today. Overall trend is still weak as long as resistance 1.56300 holds.

On the lower side minor support is around 1.5580 and any break below targets 1.5525/1.5480/1.5455 in short term.

Any break above 1.5630 will extend gains till 1.5650/1.5690.

It is good to sell on rallies around 1.5585-90 with SL around 1.5625 for the TP of 1.5490/1.5465.