Forex Trading : GBP sterling record the lowest level in the new 4-week low of 1.5025 area yesterday before rebounding strongly to its highest level at 1.5138 nightlife area.
The Alrtdad seems correction in nature and is still the vision in Sterling GBP in the coming weeks with the downside target at 1.4950 area.
Stop loss for this bearish view point remains at 1.5255 area but 1.5160 area already represents a strong resistance in the short term.