GBP/USD is struggling to break trend line resistance, decline till 1.5080 is possible

• RES 4:1.5487 (38.2% retracement of 1.5698 and 1.5350)
  
  
• RES 3: 1.5438 (200 day HMA)
  
  
• RES2: 1.5350 (Cloud bottom)
  
  
• RES1: 1. 5305 (trend line resistance)

 PRICE: 1.5197@ 10:55 GMT 

• SUP 1: 1.5190 (50% retracement of 1.4564 and 1.5813)
  
  
• SUP2 : 1.5160 (May 7^th low)
  
  
• SUP3:  1.5085 (May 5^th low)
  
  
• SUP4: 1.5026 (61.8% retracement of 1.4564 and 1.5813)

GBP/USD is struggling to break trend line resistance 1.5305 and any break above would extend gains till 1.5350./1.53850.

On the downside minor support is around 1.5230 and any break below will drag the pair further down till 1.5160/1.5080. 

Overall bearish invalidation only above 1.5350.

It is good to sell around 1.5230 with SL around 1.5275 for the TP 1.5160/1.5085.