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GBPUSD: Will it continue to push lower?

FX:GBPUSD   Pound Sterling/U.S. Dollar
The GbpUsd             failed to close above its 3 months support level , which would have given signals of an inversion. Instead, it was seeking 1.50914. Volatility is still increasing, as the bollinger bands are still spreading up. The trend remains bearish , unless the cable breaches 1.51904, which will send the cable up towards 1.52880, with 1.52536 as a primary objective.

If the cable cut through 1.51075, it will head towards 1.5038, with 1.50759 as a primary objective.

The daily Pivot Point is around 1.51493. The daily support levels are around 1.50848 and 1.50432. The daily resistance levels are around 1.51909 and 1.52554.
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