The last few weeks of trading pair GBP / USD shows a smooth correction movement. This week is likely to continue the trend.
Last week, the pair managed to consolidate above the 1.5200 level, which is a positive sign for the bulls.
Trading recommendation: the pair can test the level 1.5380 during the week. Ability to stop can be a resistance 1.5260, which does not prevent the general trend indicated in the recommendation.
The support is at 1.5092. The breakthrough of this level aim pair to reduce to a minimum the 1.5025 March 20, and then - to 1.4829, a minimum of two and a half years, achieved on March 12.
Analyst Igor Vladimirov
years on the market