GBPUSD test and a possible rebound from the resistance level 1.5200.
Now the pair tested the resistance at 1.5200, as is very likely to see repulsion and price drop to 1.5060. In deeper correction is likely to reach levels to the diagonal resistance at a price of 1.5300, which would give us good levels to sell.
Currently SMA50 and SMA100 are below the current price of the 4-hour chart, which supports sellers.
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