Overview:
GPB/USD: According to previous events, the price has still been trapped between 1.5060 and 1.5125, thus it is reasonable to be careful at this area. Therefore, the first step is waiting for a period of tight sideway range market before breakouts. So, the market will probably start showing the signs of bullish market at the level of 1.5015. In other words, it will be a good sign to buy above 1.5015 with a first target of 1.5180 and it will climb towards 1.53. However, if the the pair cannot break 1.5315, the market will indicate a bearish opportunity below 1.5315 (1.5301 will be formed double top), then the level will act really as strong resistance, for that it will a good sign to sell below 1.53 with a first target of 1.5185 and it will call for downtrend in order to continue bearish towards 1.5057 (50% Fibonacci retracement levels).
