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Gbp remains weak and contained in these last days range, unable to move upward. We have an ascendant trend line in 4 hours charts that could be a good target to the downside if the pair moves to that direction (indicators are suggesting so) but the pair will first need to break under 1.4940, first support for today, followed by 1.4880/1.4900 zone. If the pair manages to break under this line consider 1.4825 zone as probable target for the movement. Resistances will be at 1.5005, followed by 1.5036 and the zone @ 1.5086 above which maximum will get exposed and further moves could be contained by 1.5165, yet I cannot see the pair there at least today.
