GBP/USD Technical Analysis

(1,5090) The CABLE confirmed yesterday a session of consolidation remaining more or less interior Friday’s range without forming however a new inside pattern. While above 1,5060 on an hourly closing the scenery will remain positive for the CABLE suggesting a little higher levels!! The indicators of the daily chart are still well positive while those of the s/t ones are mixed suggesting further consolidation/ correction. While above 1,5060 on an hourly closing we still favour a move toward the 1,52 area, scenery supported also by positive reversal in the hourly hart! We stay on the sideline for the moment while waiting for stronger signals!!

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