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Last week the GBP/USD pair managed to pass through the resistance level 1.5870 without any obvious signs of the weakened bullish movement that took place while testing the supply zone 1.5940-1.5960.
Last Friday the daily candlestick was affected by the bearish movement, resulting in the closure below 1.5840 which is considered as an intraday support for the pair. This can be considered as another sign of bearish movement.
The GBP/USD pair has a support area between 1.5740-1.5760 which corresponds to the lower limit of the depicted bullish channel & previous mutliple tops which are considered as the key-level for bulls this week.
The resistance area 1.5870-1.5900 is considered
