During the trading hours yesterday, the pound lowered its value from 1.5465 USD to 1.5400 USD. This morning the currency pair is trading at 1.5405-1.5435 USD.
According to the analysis of Trading212, if GBP breaks the resistance levels at 1.5440-1.5460 USD, the aim will be reaching and testing the zone 1.5485-1.5505 USD. If it is successful, the upward trend will continue to 1.5525-1.5540 USD. If GBP drops below the support levels at 1.5410-1.5390 USD, it will try to find a next support at 1.5370-1.5345 USD. In case of breaking down, the downward trend will continue to 1.5325-1.5305 USD.
Source: http://www.trading212.com/en/Financial-Analyses/2015-02-20/
