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GBP/USD hourly cloud base stalls recovery, more easing on the cards

Wednesday, May 20, 2015 1:23 PM UTC

Source: Thomson Reuters

GBP/USD hourly cloud base at 1.5568 stalls the recovery
Hourly support at 1.5512 then 1.5473 session lows
1.5447 the low yesterday, looking for a return under 50% broken fibo at 1.5452
Intraday trend indicators overbought as well, more easing on the cards

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GBP/USD hourly cloud base stalls recovery, more easing on the cards

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