As show on the 4 hour chart posted below, the GBPUSD pair trades around 1.5570/80 levels at the moment of writing, above daily chart support 1.5522!!!
As the 4 hour chart suggests, there’s a room for further down, U.K data will be released within 2 hours and a half .. So UK data could push the pair lower to bottom somewhere around or above the 1.5522 levels before continuing flying towards the 1.5670 levels.
Next H4 closure will be almost after 3 hours (30 min after U.K data)………………
Stay tuned for updates………..
