Forex: GBP/USD bullish

on Jul 19, 2013
Listen Friday July 19th_: Yesterday the GBP/USD rose for a third consecutive day, closing at 1.5219 to be 0.11 percent up on the day. The pair thus far into the week is 1.20 percent up and right now is quoting at 1.5231.

The daily candlestick today opened at 1.5219, with the price since falling to a low of 1.5195 and subsequently ascending to an intraday high so far of 1.5248.
Northbound, the pair may be contained below the 17 July high of 1.5266. Otherwise the 1.5300 level may provide strong resistance.
Heading south, the price could well be supported at 1.5157 first and then 1.5026.
Levels of resistance: 1.5250, 1.5270 and 1.5305.
Levels of support: 1.5210, 1.5160 and 1.5080.