GBP/USD Technical Analysis

(1,5644) The CABLE managed to form a positive day reversal after a test of the 1,5570 area, but only a daily closing above 1,5672 will confirm a s/t top favouring a broaden recover. The indicators of the daily chart are still well negative while those of the s/t ones turned already mixed suggesting some consolidation/ correction. In the s/t only an hourly closing above 1,5690 will support further strength with the 200 hours line at 1,5706 the first attraction before the resistance line at 1,5790!! We got stopped out and for the moment prefer remaining on the sideline!!

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