The pair continues the uptrend towards the1.6307or 1.6310 resistance. Breaching this level would confirm the medium-term upside run towards the 1.6750 high. Any setbacks are expected to be well supported by the 1.5975-1.6025 area, right where the 55-Day SMA reside. However, a daily close below 1.6104could trigger a decline towards the 200-Day SMA by 1.6007 and ultimately ahead of the 1.5750-1.5790 support area, right where the 50.0% FIBO retracement level of the 1.5267-1.6310 upside rally resides.
GBPUSD 4hrs
Price enters the Sniper Zone and springs away
GBPUSD 4HRS 
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