GBP/USD takes support around 1.4730, jump till 1.5058 cannot be ruled out

• RES 4: 1.5201 (61.8% retracement of 1.5512 and 1.46340)
  
  
• RES 3: 1.5163 (Mar 18^th High)
  
  
•  RES 2: 1.5058 (200 day 4HMA)
  
  
•  RES 1: 1.5000 (Previous week high)

    PRICE: 1.49107@ 05:29 GMT 

• SUP 1: 1.4859 (38.2% retracement of 1.4630 and 1.49983)
  
  
• SUP 2: 1.4800
  
  
• SUP 3:1.47385 (Previous week low)
  
  
• SUP 4: 1.46340 (Mar 18^th low)

Weekly trend -Slightly bullish

GBP/USD has recovered after making a low of 1.47385. It is facing major resistance around 1.5000 and any break above will take the pair till 1.5165.

It is good to buy on dips around 1.5880 for the target of 1.5058 with stop around 1.4800.