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FxWirePro- Woodies Pivot(Major) 
GBP/USD has lost some ground to dollar to trade around 1.5187 levels after slipping from 1.5263 levels. The cable is currently trading in oversold condition and a rebound towards higher levels can be expected sooner or later.
- The pair is supported by raising trend line in 4 hours chart and is trading above daily pivot point is located at 1.5180,which indicate further upside for this pair, therefore it's good to buy this pair around 1.5180 levels.
- To the upside, the strong resistance can be seen at 1.5263, a break above this level would expose the cable to next resistance level at 1.5300.
- To the downside immediate support can be seen at 1.5190, a break below at this level will open the door towards next level at 1.5132.
Recommendation: Buy around 1.580, targets 1.5220, 1.4270, SL 1.5120
Resistance Levels
R1: 1.5263 (Daily high)
R2: 1.5300 (Psychological levels)
R3: 1.5329 (Sep 29th high)
Support Levels
S1: 1.5190 (50% Retracement level)
S2: 1.5132 (Nov 11th low)
S3: 1.5042 (61.8% Retracement level)
