The UK Manufacturing PMI (Mar) has jumped to 54.4 , above expectations 54.3 . This development could bring limited gains for GBPUSD as long as 1.4754 support holds , If seen , sideways move within 1.4754/1.4870 levels is likely before the next fall..
However ; a clear break below the 1.4754 levels will accelerate the bearish move and open the 1.4687 levels….
Support and resistance : 1.4634 , 1.4687 , 1.4754 , 1.4807 , 1.4870 , 1.5009
