GBP/USD, strong pressure on the support!
The Pound has stuck between 1.5450/50 support and H4/MA100 at 1.5485 on the way up. The pair is bearish, pressing down on the support and this level could be broken. There is not much reaction from the buyers, they are to calm for now. If this support breaks, US dollar buyers could targeting 1.1530/60 next. If the bulls defend this level, on the way up, as I already mentioned, there is MA100 at 1.5485, following minor resistance above at 1.5520/30, and 1.5570/80, the stronger one. Let’s see the furder moves here!?
Forex Trader 