GBP/USD breaks short term support 1.5440, decline till 1.5350 is possible

• RES4: 1.5630 (Support turned into resistance)

• RES4: 1.5580(13 and 1.5441)
  
  
• RES3:1.5525 (Cloud top)
  
  
• RES2: 1. 5460 (20 day HMA)

 PRICE: 1.56391@ 06:14 GMT 

• SUP1: 1.5441 (May 19^th low)
  
  
• SUP 2: 1.5390 (May 11^th high)
  
  
• SUP3: 1.5350 (May 8^th high)
  
  
• SUP4: 1.5325 (38.2% retracement of 1.4600 and 1.51822)

GBP/USD has broken short term support 1.5440 and this confirms short term weakness, a decline till 1.5350 cannot be ruled out

On the higher side it is facing resistance around 1.5530 and break above would extend gains till 1.5580/1.5630 in short term. 

It is good to sell on rallies around 1.5500 with stop around 1.5580 for the target of 1.5355.