GBP/USD Technical Analysis

(1,5730) The CABLE confirmed yesterday a rebound but overall it confirmed further consolidation interior the negative outside day with 1,5820 – 1,5620 still the levels to follow in the coming hours. The indicators of the daily chart are still well negative with bullish divergences confirming a negative tone. The indicators of the s/t charts are positive this morning supporting further consolidation/ correction. An hourly closing above 1,5739, where we find today the 200 hours line, will even favour a possible 1,5800 overshooting, move that we suggest selling putting a stop above 1,5880!!

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