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GBP/USD is facing strong resistance around 1.5800 and any break above confirms short term bullishness, a jump till 1.5927 cannot be ruled out .
- On the downside major support is around 1.5745 and break below targets 1.5680/1.5630 in short term.
- The pair's minor resistance is around 1.5850 (161.8% retracement of 1.5688 and 1.5425) and break above targets 1.5900/1.5927.
It is good to buy only above 1.5800 with SL around 1.5745 for the TP of 1.5850/1.5925
Resistance
R1- 1.5850
R2-1.5850
R3- 1.5927
Support
S1-1.5745
S2-1.5680
S3-1.5630
