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GBP/USD is facing psychological resistance around 1.5000,dip till 1.4650 is possible

Monday, March 30, 2015 3:36 AM UTC

RES 4: 1.5201 (61.8% retracement of 1.5512 and 1.46340)
RES 3: 1.5163 (Mar 18^th High)
RES 2: 1.5093 (Tenken-Sen)
RES 1: 1.5000 (Previous week high)

PRICE: 1.8693 @ 11:18GMT

SUP 1: 1.4800
SUP 2: 1.4720
SUP 3:1.46430
SUP 4: 1.4500

Weekly trend -Bearish

GBP/USD is trading between 1.4795 and 1.4993 in the past week. Weekly trend is bearish as long as resistance 1.5165 holds.

It is good to sell on rallies around 1.5000 for the target of 1.4650.

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GBP/USD is facing psychological resistance around 1.5000,dip till 1.4650 is possible

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