GBP/USD is in consolidating phase, market eyes BOE minutes meeting

• RES 4: 1.5165 (Mar 18^th high)
  
  
• RES3: 1.5050 (Apr 17^th high)
  
  
• RES 2: 1.5000
  
  
•  RES 1: 1.4966 (Cloud bottom)

   PRICE: 1.4934@ 06:31 GMT 

• SUP 1: 1.4864 (38.2% retracement of 1.4564 and 1.5052)
  
  
• SUP 2: 1.4800 (200 day HMA)
  
  
• SUP 3:1.4715 (61.8% retracement of 1.4969 and 1.4564)
  
  
• SUP 4: 1.46025 (Apr 14^th low)

GBP/USD is trading is in consolidation phase for the past three trading session. It should close above 1.5000 for the further up move. On the downside 1.4800 is acting s major support and any break below will drag the pair till 1.4710.

 It is good to stay away from market as near term outlook is mixed.