GBP/USD takes support around 1.4730, jump till 1.56165 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: 1.5067 (9 day WMA)
  
  
•  RES 1: 1.5000 (Previous week high)

    PRICE: 1.8543@ 06:00 GMT 

• SUP 1: 1.4859 (31.8% 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 1.5165 with stop around 1.4800.