GBP/USD
Above: 1.5900-15, resting sell orders in place. More sellers again 1.5925.
Trading stops above 1.5930, though sellers again 1.5940 through 1.6000, again at 1.6025.
Support: Buy orders on the day just above 1.5800, though there is interest close in here 1.5855. Against this, though, are stops very close to the downside here below 1.5850.
*Market focus here too is on the downtrend on daily charts, with technical sell levels firmly in place from 1.6 to 1.6060. Against this there are longer-term tech. support areas coming into play 1.5850 and around. Breach of here takes us to 1.5750 which could well be tough to crack.
