GBP/USD is trading below 200 day HMA, decline till 1.5250/1.5170 is possible

• RES 4 : 1.5445 (Jun 4^th high)
  
  
• RES 3: 1.5380 (Jun 3^rd high)
  
  
• RES 2: 1. 5330 (20 day HMA)
  
  
• RES 1: 1.5306 (200 day HMA)

 PRICE: 1.52997@ 09:32 GMT 

• SUP 1 :1.5248
  
  
• SUP 1:  1.5169 (Jun 1^st  low)
  
  
• SUP 2: 1.5080 (May 5^th low)
  
  
• SUP3 :1.5040 (61.8% retracement of 1.5648 and 1.5813)
  
  

GBP/USD is facing resistance around 1.5380 and any trend reversal only above that level. Any break above 1.5380 would extend gains till 1.5445/1.5500. 

The minor intraday resistance is around 1.5320. 

on the downside support is at 1.5248 and break below will drag the pair further down till 1.5200/1.5170. 

It is good to sell on rallies around 1.5300 with SL around 1.5360 for the TP of 1.5200/1.5175.