GBPUSD has formed regular bullish divergence as shown in chart below
pair has resistance @1.5742 and support @ 1.5650, 1.5452
pair lies above moving averages20 and 50 in hourly charts
In 4hour charts, pair has formed bullish engulfing pattern.
If pair breaks level@1.5742 then pair may test resistance @1.5940 & 1.6
alternative view, if pair fail to break resistance @1.5742 then pair will form double top pattern
alternative view, if pair fail to break resistance @1.5742 then pair will form double top pattern
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