FxWirePro: GBP/USD consolidates in narrow range, good to sell on rallies

• RES 4: 1.56885 (Jul 29^th high)
  
  
• RES3: 1.56773 (Jul 31^st high)
  
  
• RES 2: 1.56505 (Aug 5^th high)
  
  
•  RES 1: 1.5620 (trend line resistance)

   PRICE: 1.55859 @ 11:58 GMT 

• SUP 1: 1.5573 (7 day 4 HEMA)
  
  
• SUP 2: 1.5530 (Kijun-Sen)
  
  
• SUP 3:1.5480
  
  
• SUP 4: 1.5425 (Aug 7^th  low)

 GBP/USD has recovered from the low of 1.5423 (Aug 7^th low) till 1.56140 today. Overall trend is still weak as long as resistance 1.56300 holds.

On the lower side minor support is around 1.5580 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 sell on rallies around 1.5620 with SL around 1.5650 for the TP of 1.5530/1.5465.