GBPUSD: Breaking out of its consolidation?

The GbpUsd finished another day attempting to breakout 1.55047, and failing. The cable will be heading south towards 1.53595, with 1.53990 as a primary objective, should it breakout 1.54282.

The GbpUsd will head to 1.55843, should it breakout 1.55047, with 1.55394 as a primary objective. In this case 1.5474 will be the support level.

The daily Pivot Point is around 1.54611. The daily support levels are around 1.54160 and 1.53905. The daily resistance levels are around 1.54866 and 1.55317.
Daily ChartsGBPUSD

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