FxWirePro: GBP/USD consolidates in narrow range, good to buy at dips

• RES 4: 1.56885 (Jul 29^th high)
  
  
• RES3: 1.56773 (Jul 31^st high)
  
  
• RES 2: 1.56585 (Aug 13^th high)
  
  
•  RES 1: 1.56340 (50% retracement of 1.59277 and 1.53291)

   PRICE: 1.55859 @ 11:58 GMT 

• SUP 1: 1.5566 (200 day 4 HMA)
  
  
• SUP 2: 1.5530 (Aug 12^th low)
  
  
• SUP 3:1.5480
  
  
• SUP 4: 1.5425 (Aug 7^th  low)

GBP/USD has made a high of 1.5658 on Aug 12^th and started to  declined from level. Overall trend is still bullish as long as support 1.5530 holds.

On the lower side minor support is around 1.5560 and any break below targets 1.5525/1.5480/1.5455 in short term.

Any break above 1.5630 will extend gains till 1.5650/1.5690.

It is good to buy at dips around 1.5570 with SL around 1.5525 for the TP of 1.5650/1.5680.