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- RES 3: 1. 5430 (May 27th high)
- RES 3: 1.5380 (Jun 3rd high)
- RES 2: 1. 5350 (20 day HMA)
- RES1: 1.5325 (Support turned into resistance)
PRICE: 1.53026@ 10:55 GMT
- SUP 1: 1.5300 (May 27th low)
- SUP2 : 1.5250 (Jun 3rd low)
- SUP3: 1.5169 (Jun 1st low)
- SUP4: 1.5080 (May 5th low)
GBP/USD has made a high of 1.5430 and retreated from that level.
It has broken major intraday support 1.5320 and this confirms short term bearishness , a decline till 1.5255 cannot be ruled out .
It is good to sell GBP/USD around 1.5320 with SL of 1.5355 for the TP of 1.5255/1.5175.
